Recon Technology (RCON) 20-F 28 Sep 17 2017 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Jun. 30, 2017shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Registrant Name	Recon Technology, Ltd
Entity Central Index Key	1,442,620
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Trading Symbol	RCON
Entity Common Stock, Shares Outstanding	9,902,914

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Current assets
Cash	¥ 3,809,279	$ 562,054	¥ 1,817,620
Notes receivable	6,112,960	901,960	4,660,177
Trade accounts receivable, net	39,425,911	5,817,245	38,097,626
Inventories, net	2,627,974	387,754	6,313,070
Total current assets	68,387,075	10,090,429	74,322,220
Property and equipment, net	2,767,970	408,411	2,907,762
Long-term trade accounts receivable, net	0	0	2,220,332
Total Assets	71,155,045	10,498,840	79,450,314
Current liabilities
Trade accounts payable	8,352,870	1,232,456	7,540,430
Deferred revenue	1,259,725	185,871	406,681
Accrued payroll and employees' welfare	2,014,514	297,239	381,109
Taxes payable	684,721	101,030	755,880
Total current liabilities	29,445,757	4,344,686	29,850,518
Equity
Common stock, ($ 0.0185 U.S. dollar par value, 100,000,000 shares authorized; 5,804,005 and 9,902,914 shares issued and outstanding as of June 30, 2016 and 2017, respectively)	1,261,288	186,101	741,467
Additional paid-in capital	123,436,043	18,212,837	100,612,455
Statutory reserve	4,148,929	612,169	4,148,929
Accumulated deficit	(95,352,659)	(14,069,168)	(63,907,512)
Accumulated other comprehensive loss	(249,156)	(36,762)	(219,040)
Total stockholders’ equity	33,244,445	4,905,177	41,376,299
Non-controlling interest	8,464,843	1,248,977	8,223,497
Total equity	41,709,288	6,154,154	49,599,796
Total Liabilities and Stockholders’ Equity	71,155,045	10,498,840	79,450,314
All Other [Member]
Current assets
Other receivables, net	4,106,510	605,911	22,000,112
Purchase advances, net	11,476,000	1,693,270	1,323,305
Prepaid expenses	828,441	122,235	110,310
Current liabilities
Other payables	3,651,900	538,834	4,144,326
Related Party [Member]
Current liabilities
Other payables	3,314,019	488,979	3,680,244
Short-term borrowings	¥ 10,168,008	$ 1,500,277	¥ 12,941,848

CONSOLIDATED BALANCE SHEETS _Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares	Jun. 30, 2017	Jun. 30, 2016
Common shares, par value (in dollars per share)	$ 0.0185	$ 0.0185
Common shares, shares authorized	100,000,000	100,000,000
Common shares, shares issued	9,902,914	5,804,005
Common shares, shares outstanding	9,902,914	5,804,005

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS	12 Months Ended
	Jun. 30, 2017CNY (¥)¥ / sharesshares	Jun. 30, 2017USD ($)$ / sharesshares	Jun. 30, 2016CNY (¥)¥ / sharesshares	Jun. 30, 2016USD ($)shares	Jun. 30, 2015CNY (¥)¥ / sharesshares	Jun. 30, 2015USD ($)shares
Revenues
Total revenues	¥ 60,054,462	$ 8,860,963	¥ 42,728,277		¥ 51,512,900
Cost of revenues
Total cost of revenues	44,090,960	6,505,568	35,481,394		41,400,727
Gross profit	15,963,502	2,355,395	7,246,883		10,112,173
Selling and distribution expenses	4,458,218	657,805	5,630,715		11,312,452
General and administrative expenses	32,751,142	4,832,391	20,195,701		26,894,273
Provision for doubtful accounts	1,766,286	260,613	14,475,074		3,252,868
Research and development expenses	7,599,340	1,121,273	6,856,522		4,168,813
Operating expenses	46,574,986	6,872,082	47,158,012		45,628,406
Loss from operations	(30,611,484)	(4,516,687)	(39,911,129)		(35,516,233)
Other income (expenses)
Subsidy income	132,791	19,593	289,087		781,457
Interest income	73,990	10,917	183,553		293,499
Interest expense	(548,878)	(80,986)	(903,368)		(1,110,451)
Change in fair value of warrants liability	0	0	0		4,034,272
Income (loss) from foreign currency exchange	21,502	3,173	7,570		(19,190)
Loss from warrants redemption	0	0	0		(2,496,375)
Other income (expense)	36,178	5,338	(2,445)		24,558
Other income (expense)	(284,417)	(41,965)	(425,603)		1,507,770
Loss before income tax	(30,895,901)	(4,558,652)	(40,336,732)		(34,008,463)
Income tax expenses (benefits)	307,900	45,430	545,845		(2,552,075)
Net loss	(31,203,801)	(4,604,082)	(40,882,577)	$ (6,032,174)	(31,456,388)	$ (4,641,351)
Less: Net income attributable to non-controlling interest	241,346	35,610	0		0
Net loss attributable to Recon Technology, Ltd	(31,445,147)	(4,639,692)	(40,882,577)		(31,456,388)
Comprehensive loss
Net loss	(31,203,801)	(4,604,082)	(40,882,577)	$ (6,032,174)	(31,456,388)	$ (4,641,351)
Foreign currency translation adjustment	(30,116)	(4,444)	98,511		(38,276)
Comprehensive loss	(31,233,917)	(4,608,526)	(40,784,066)		(31,494,664)
Less: Comprehensive income (loss) attributable to non-controlling interest	241,346	35,610	0		(1,982)
Comprehensive loss attributable to Recon Technology, Ltd	¥ (31,475,263)	$ (4,644,136)	¥ (40,784,066)		¥ (31,492,682)
Loss per common share - basic and diluted | (per share)	¥ (4.90)	$ (0.72)	¥ (7.23)		¥ (6.45)
Weighted - average shares -basic and diluted	6,417,305	6,417,305	5,653,149	5,653,149	4,876,504	4,876,504
Hardware And Software [Member]
Revenues
Total revenues	¥ 59,982,292	$ 8,850,314	¥ 41,544,925		¥ 48,980,953
Cost of revenues
Total cost of revenues	44,090,960	6,505,568	34,732,965		41,373,566
Hardware And Software [Member] | Related Party [Member]
Revenues
Total revenues	0	0	0		2,428,173
Cost of revenues
Total cost of revenues	0	0	0		27,161
Services [Member]
Revenues
Total revenues	72,170	10,649	1,183,352		103,774
Cost of revenues
Total cost of revenues	¥ 0	$ 0	¥ 748,429		¥ 0

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY	CNY (¥)	USD ($)	Common Stock [Member]CNY (¥)shares	Additional Paid-in Capital [Member]CNY (¥)	Statutory Reserves [Member]CNY (¥)	Retained Earnings [Member]CNY (¥)	Accumulated Other Comprehensive loss [Member]CNY (¥)	Non-controlling Interest [Member]CNY (¥)	Stockholders’ Equity [Member]CNY (¥)
Opening Balance at Jun. 30, 2014	¥ 104,204,509	$ 15,375,249	¥ 616,865	¥ 83,061,058	¥ 4,148,929	¥ 8,431,453	¥ (279,275)	¥ 8,225,479	¥ 95,979,030
Opening Balance (in shares) at Jun. 30, 2014			4,717,336
Stock issuance	2,392,027	352,941	¥ 33,497	2,358,530					2,392,027
Stock issuance (in shares)			297,197
Restricted shares issued for services	583,099	86,036	¥ 15,876	567,223					583,099
Restricted shares issued for services (in shares)			140,162
Restricted shares issued to redeem warrants	3,462,438	510,878	¥ 30,979	3,431,459					3,462,438
Restricted shares issued to redeem warrants (in shares)			273,251
Stock based payment	3,123,417	460,856		3,123,417					3,123,417
Net loss for the year	(31,456,388)	(4,641,351)				(31,456,388)		0	(31,456,388)
Foreign currency translation adjustment	(40,258)	(5,946)					(38,276)	(1,982)	(38,276)
Ending Balance at Jun. 30, 2015	82,268,844	12,138,663	¥ 697,217	92,541,687	4,148,929	(23,024,935)	(317,551)	8,223,497	74,045,347
Ending Balance (in shares) at Jun. 30, 2015			5,427,946
Stock issuance	158,268	23,352	¥ 1,796	156,472					158,268
Stock issuance (in shares)			15,874
Restricted shares issued for services	2,265,442	334,263	¥ 42,454	2,222,988					2,265,442
Restricted shares issued for services (in shares)			360,185
Restricted shares issued to redeem warrants | ¥	0
Stock based payment	5,691,308	839,746		5,691,308					5,691,308
Net loss for the year	(40,882,577)	(6,032,174)				(40,882,577)			(40,882,577)
Foreign currency translation adjustment	98,511	14,538					98,511		98,511
Ending Balance at Jun. 30, 2016	49,599,796	7,318,388	¥ 741,467	100,612,455	4,148,929	(63,907,512)	(219,040)	8,223,497	41,376,299
Ending Balance (in shares) at Jun. 30, 2016			5,804,005
Restricted shares issued for services	8,399,240	1,239,298	¥ 72,335	8,326,905					8,399,240
Restricted shares issued for services (in shares)			580,000
Restricted shares issued for management	12,904,723	1,904,076	¥ 447,486	12,457,237					12,904,723
Restricted shares issued for management (in shares)			3,518,909
Restricted shares issued to redeem warrants	0	0
Stock based payment	2,039,446	300,918		2,039,446					2,039,446
Net loss for the year	(31,203,801)	(4,604,082)				(31,445,147)		241,346	(31,445,147)
Foreign currency translation adjustment	(30,116)	(4,444)					(30,116)		(30,116)
Ending Balance at Jun. 30, 2017	¥ 41,709,288	$ 6,154,154	¥ 1,261,288	¥ 123,436,043	¥ 4,148,929	¥ (95,352,659)	¥ (249,156)	¥ 8,464,843	¥ 33,244,445
Ending Balance (in shares) at Jun. 30, 2017			9,902,914

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Cash flows from operating activities:
Net loss	¥ (31,203,801)	$ (4,604,082)	¥ (40,882,577)	¥ (31,456,388)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	856,735	126,410	955,083	526,046
Gain from disposal of equipment	(35,919)	(5,300)	(40,688)	(193,657)
Provision for doubtful accounts	1,766,286	260,613	14,475,074	3,252,868
Provision for slow moving inventories	0	0	2,428,288	7,700,836
Share based compensation	2,039,446	300,918	2,096,162	1,294,629
Restricted shares issued for management	12,904,723	1,904,076	3,595,146	1,828,788
Deferred tax provision (benefit)	0	0	1,742,098	(532,136)
Change in fair value of warrants liability	0	0	0	(4,034,272)
Restricted shares issued for services	8,399,240	1,239,298	2,287,415	1,585,462
Loss from warrants redemption	0	0	0	2,496,375
Income tax benefit	307,900	45,430	545,845	(2,552,075)
Changes in operating assets and liabilities:
Notes receivable	(1,452,783)	(214,356)	(454,647)	(4,205,530)
Trade accounts receivable, net	(245,190)	(36,177)	14,658,360	(3,245,218)
Inventories, net	3,597,832	530,856	1,191,811	(4,209,241)
Purchase advance, net	(10,534,132)	(1,554,298)	4,930,479	3,271,935
Deferred revenue	853,044	125,866	(1,878,848)	(2,134,295)
Accrued payroll and employees' welfare	1,633,405	241,007	134,320	(170,835)
Taxes payable	(78,700)	(11,612)	790,199	(1,322,818)
Net cash provided by (used in) operating activities	5,671,073	836,763	(285,674)	(15,102,337)
Cash flows from investing activities:
Purchases of property and equipment	(638,119)	(94,154)	(181,075)	(2,078,204)
Proceeds from disposal of equipment	51,900	7,658	60,000	400,400
Net cash used in investing activities	(586,219)	(86,496)	(121,075)	(1,677,804)
Cash flows from financing activities:
Proceeds from short-term bank loans	0	0	500,000	7,000,000
Repayments of short-term bank loans	0	0	(7,500,000)	(10,000,000)
Proceeds from short-term borrowings	1,100,000	162,304	530,000	0
Repayment of short-term borrowings	(1,330,000)	(196,240)	0	0
Proceeds from sale of common stock, net of issuance costs	0	0	171,919	2,392,027
Net cash (used in) provided by financing activities	(3,076,964)	(454,002)	(10,183,446)	11,092,027
Effect of exchange rate fluctuation on cash and cash equivalents	(16,231)	(2,399)	62,886	(61,543)
Net increase (decrease) in cash	1,991,659	293,866	(10,527,309)	(5,749,657)
Cash at beginning of year	1,817,620	268,188	12,344,929	18,094,586
Cash at end of year	3,809,279	562,054	1,817,620	12,344,929
Supplemental cash flow information
Cash paid during the year for interest	571,037	84,256	903,368	1,060,529
Cash paid during the year for taxes	284,487	41,976	142,477	881,794
Non-cash investing and financing activities
Issuance of common stock to redeem warrants	0	0	0	3,462,438
AR and short-term borrowings-related parties offset	0	0	200,000	0
Inventories used for fixed assets	0	0	1,025,410	0
Non-cash payment for property and equipment purchase	87,265	12,876	0	0
Issuance of unvested common stock to senior managers	55,685	8,216	0	0
All Other [Member]
Changes in operating assets and liabilities:
Other receivable, net	17,632,104	2,601,595	(1,775,659)	2,481,328
Prepaid expense	(718,130)	(105,959)	716,004	1,808,350
Trade accounts payable	812,440	119,875	(9,615,363)	2,213,583
Other payables	(189,302)	(27,931)	712,525	71,584
Related Party [Member]
Changes in operating assets and liabilities:
Trade accounts receivable, net	0	0	1,090,453	4,315,755
Other receivable, net	0	0	91,021	1,323,412
Purchase advance, net	0	0	1,374,034	0
Prepaid expense	0	0	420,000	(190,000)
Trade accounts payable	0	0	0	3,528,705
Other payables	(366,225)	(54,036)	1,869,889	1,003,678
Cash flows from financing activities:
Proceeds from short-term borrowings	13,103,718	1,933,438	12,895,400	18,250,000
Repayment of short-term borrowings	¥ (15,950,682)	$ (2,353,504)	¥ (16,780,765)	¥ (6,550,000)

ORGANIZATION AND NATURE OF OPER

ORGANIZATION AND NATURE OF OPERATIONS	12 Months Ended
	Jun. 30, 2017
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 The Company, along with its wholly-owned subsidiaries, Recon Technology Co., Limited (“Recon HK”), Jining Recon Technology Ltd. (“Recon JN”), Recon Investment Ltd. (“Recon IN”) and Recon Hengda Technology (Beijing) Co., Ltd. (“Recon BJ”), conducts its business through the following PRC legal entities (“Domestic Companies”) that are consolidated as variable interest entities (“VIEs”) and operate in the Chinese oilfield equipment & service industry: 1. Beijing BHD Petroleum Technology Co., Ltd. (“BHD”), 2. Nanjing Recon Technology Co., Ltd. (“Nanjing Recon”). The Company has signed Exclusive Technical Consulting Service Agreements with each of the Domestic Companies, which are our VIEs and Equity Interest Pledge Agreements and Exclusive Equity Interest Purchase Agreements with their shareholders. Through these contractual arrangements, the Company has the ability to substantially influence each of the Domestic Companies’ daily operations and financial affairs, appoint their senior executives and approve all matters requiring shareholder approval. As a result of these contractual arrangements, which enable the Company to control the Domestic Companies, the Company is considered as the primary beneficiary of each Domestic Company. Thus, the Company is able to absorb 90% of net interest or 100% of net loss of those VIEs. On December 17, 2015, Huang Hua BHD Petroleum Equipment Manufacturing Co. LTD, a fully owned subsidiary established by BHD was organized under the laws of the PRC. 4.6 50 51 1,322,300 195,104 was ¥ 283 ,800 ($ 41,874 . Nature of Operations

LIQUIDITY

LIQUIDITY	12 Months Ended
	Jun. 30, 2017
Liquidity [Abstract]
Substantial Doubt about Going Concern [Text Block]	NOTE 2. LIQUIDITY As reflected in the Company’s consolidated financial statements, the Company had recurring net losses for the year ended June 30, 2015, 2016 and 2017. In assessing its liquidity, management monitors and analyzes the Company’s cash on-hand and its ability to generate sufficient revenue sources in the future to support its operating and capital expenditure commitments. The Company plans to fund its continuing operations through identifying new prospective joint venture and strategic alliance opportunities for new revenue sources, financial supports by major shareholders and reducing costs to improve profitability and to replenish working capital. Management believes that the foregoing measures collectively will provide sufficient liquidity for the Company to meet its future liquidity and capital obligations.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 3. SIGNIFICANT ACCOUNTING POLICIES The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“US GAAP”) 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 translation has been made at the rate of ¥6.7774 = US$1.00, the approximate exchange rate prevailing on June 30, 2017. - 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 allowance for doubtful accounts related to trade accounts receivable, other receivables and purchase advances, allowance for inventory, the useful lives of property and equipment, valuation allowance for deferred tax assets 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 - The US 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. Purchase advances are reviewed periodically to determine whether their carrying value has become impaired. Provision is made against purchase advances to the extent they are considered to be doubtful. Advances are written off after extensive efforts at collection. Items Useful life Motor vehicles 5 10 Office equipment 2 5 Leasehold improvement Production equipment 10 Hardware and software: Revenue from hardware and software sales is generally recognized when the product with the embedded software system is shipped to the customer and when there are no unfulfilled company obligations that affect the customer’s final acceptance of the arrangement. Usually this is short term in nature. Revenue is not recognized until completion of the contracts and receipt of acceptance from the customers. Service: The Company provides services to improve system operation on separated fixed-price contracts. Revenue is recognized when service has been performed and accepted by the customer. - Research and development expenses relating to improving development efficiency and the quality of the Company’s products and services, including s design of downhole automation platform systems and chemical products used for waste water treatment, are expensed as incurred. 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. (“EPS”) 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). The effect from options, restricted shares and warrants would have been anti-dilutive due to the fact that the Company incurred a net loss for the years ended June 30, 2015, 2016 and 2017. In October 2016, the FASB issued ASU No. 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory”, which requires the recognition of the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. For public business entities, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. Early adoption is permitted. The amendments in this ASU should be adopted on a modified retrospective basis. Management plans to adopt this ASU after December 15, 2017. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-17, “Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control”. The amendments affect reporting entities that are required to evaluate whether they should consolidate a variable interest entity in certain situations involving entities under common control. Specifically, the amendments change the evaluation of whether a reporting entity is the primary beneficiary of a variable interest entity by changing how a reporting entity that is a single decision maker of a variable interest entity treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The amendments are effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted. Management adopted this ASU. The adoption of this guidance did not have a material impact on its consolidated financial statements and related disclosures. In November 2016, the FASB issued ASU No. 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash", which requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. Management plans to adopt this ASU after December 15, 2017. The amendments should be applied using a retrospective transition method to each period presented. The adoption of this guidance will increase cash and cash equivalents by the amount of the restricted cash on the Company's consolidated statement of cash flows. In January 2017, the FASB issued ASU No. 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business". The amendments in this ASU clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Basically, these amendments provide a screen to determine when a set is not a business. If the screen is not met, the amendments in this ASU first, require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output and second, remove the evaluation of whether a market participant could replace missing elements. These amendments take effect for public businesses for fiscal years beginning after December 15, 2017 and interim periods within those periods. Management plans to adopt this ASU after December 15, 2017. In May 2017, the FASB issued ASU 2017-09, “Scope of Modification Accounting”, which amends the scope of modification accounting for share-based payment arrangements, provides guidance on the types of changes to the terms or conditions of share-based payment awards to which an entity would be required to apply modification accounting under ASC 718. For all entities, the ASU is effective for annual reporting periods, including interim periods within those annual reporting periods, beginning after December 15, 2017. Early adoption is permitted, including adoption in any interim period. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In January 2017, the FASB issued ASU 2017-01, which clarifies the definition of a business to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The standard will be effective in the first quarter of our fiscal 2019. Management plans to adopt this ASU after December 15, 2017. The Company expects that the adoption of this ASU will not have a material impact on the Company’s consolidated financial statements. In July 2017, the FASB issued ASU 2017-11, “Earnings Per Share (Topic 260)”, Distinguishing Liabilities from Equity (Topic 480), Derivatives and Hedging (Topic 815). The amendments in Part I of this Update change the classification analysis of certain equity-linked financial instruments (or embedded features) with down round features. The amendments in Part II of this Update recharacterize the indefinite deferral of certain provisions of Topic 480 that now are presented as pending content in the Codification, to a scope exception. Those amendments do not have an accounting effect. For public business entities, the amendments in Part I of this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Management plans to adopt this ASU after December 15, 2018. The Company expects that the adoption of this ASU will not have a material impact on the Company’s consolidated financial statements. The Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the consolidated financial position, statements of operations and cash flows.

TRADE ACCOUNTS RECEIVABLE, NET

TRADE ACCOUNTS RECEIVABLE, NET	12 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 4. TRADE ACCOUNTS RECEIVABLE, NET June 30, June 30, June 30, Third Party RMB RMB U.S. Dollars Trade accounts receivable ¥ 42,665,499 ¥ 43,691,416 $ 6,446,615 Allowance for doubtful accounts (4,567,873) (4,265,505) (629,370) ¥ 38,097,626 ¥ 39,425,911 $ 5,817,245 June 30, June 30, June 30, Third Party – long-term RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ 2,467,036 ¥ - $ - Allowance for doubtful accounts (246,704) - - ¥ 2,220,332 ¥ - $ - * The receivable from 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 was to be collected in three installments during the period from September, 2015 to December, 2017, with each installment of ¥ 2,467,036 364,008 Provision made for doubtful accounts of accounts receivables due from third party was ¥ 19,421 1,650,745 1,137,238 167,798 June 30, June 30, June 30, RMB RMB U.S. Dollars Beginning balance ¥ 6,356,472 ¥ 4,814,577 $ 710,385 Charge to expense 1,650,745 1,137,238 167,798 Less: write-off (3,192,640) (1,686,310) (248,813) Ending balance ¥ 4,814,577 ¥ 4,265,505 $ 629,370

NOTES RECEIVABLE

NOTES RECEIVABLE	12 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Notes Receivable [Text Block]	NOTE 5. NOTES RECEIVABLE Notes receivables represented the non-interest bearing commercial bills the Company received from the customers for the purpose of collection of sales amount, which ranged from three to six months from the date of issuance. As of June 30, 2016 and 2017, notes receivable was ¥4,660,177 and ¥6,112,960 ($901,960), respectively, As of June 30, 2017, no notes receivable was guaranteed or collateralized.

OTHER RECEIVABLES, NET

OTHER RECEIVABLES, NET	12 Months Ended
	Jun. 30, 2017
Other Receivables [Abstract]
Other Receivables Disclosure [Text Block]	NOTE 6. OTHER RECEIVABLES, NET Third Party June 30, June 30, June 30, Current Portion RMB RMB U.S. Dollars Due from ENI (A) ¥ 2,729,033 ¥ - $ - Loans to third parties (B) 14,168,344 1,115,720 164,623 Business advances to officers and staffs (C) 4,952,114 2,999,761 442,611 Deposits for projects 893,669 1,189,329 175,484 Others 534,759 307,119 45,316 Allowance for doubtful accounts (1,277,807) (1,505,419) (222,123) Total ¥ 22,000,112 ¥ 4,106,510 $ 605,911 Provision for doubtful accounts of other receivables was ¥ 371,217 455,574 247,612 36,535 (A) The remaining part of this loan was repaid over four years with quarterly installments of ¥ 699,147 (B) Loans to third-parties are mainly used for short-term funding to support the Company’s external business partners. These loans are due on demand bearing no interest. (C) Business advances to officers and staffs represent advances for business travel and sundry expenses related to oilfield or on-site installation and inspection of products through customer approval and acceptance. June 30, June 30, June 30, RMB RMB U.S. Dollars Beginning balance ¥ 822,233 ¥ 1,277,807 $ 188,539 Charge to expense 455,574 247,612 36,535 Less: write-off - (20,000) (2,951) Ending balance ¥ 1,277,807 ¥ 1,505,419 $ 222,123

PURCHASE ADVANCES, NET

PURCHASE ADVANCES, NET	12 Months Ended
	Jun. 30, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets Disclosure [Text Block]	NOTE 7. PURCHASE ADVANCES, NET June 30, June 30, June 30, Third Party RMB RMB U.S. Dollars Prepayment for inventory purchases ¥ 17,914,552 ¥ 11,877,790 $ 1,752,553 Allowance for doubtful accounts (16,591,247) (401,790) (59,283) Total ¥ 1,323,305 ¥ 11,476,000 $ 1,693,270 Provision for doubtful accounts of purchase advances were ¥ 2,862,230 12,368,755 381,436 56,280 June 30, June 30, June 30, RMB RMB U.S. Dollars Beginning balance ¥ 4,222,492 ¥ 16,591,247 $ 2,448,018 Charge to expense 12,368,755 381,436 56,280 Less: write-off - (16,570,893) (2,445,015) Ending balance ¥ 16,591,247 ¥ 401,790 $ 59,283

INVENTORIES

INVENTORIES	12 Months Ended
	Jun. 30, 2017
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	NOTE 8. INVENTORIES June 30, June 30, June 30, RMB RMB U.S. Dollars Small component parts ¥ 55,726 ¥ 55,726 $ 8,222 Purchased goods and raw materials 61,361 51,617 7,616 Work in process and goods on site 3,539,525 1,842,411 271,845 Finished goods 8,054,637 4,702,883 693,905 Allowance for slow moving inventory (5,398,179) (4,024,663) (593,834) Total inventories, net ¥ 6,313,070 ¥ 2,627,974 $ 387,754 Provisions for slow moving inventory were ¥ 7,700,836 2,428,290 June 30, June 30, June 30, RMB RMB U.S. Dollars Beginning balance ¥ 7,700,836 ¥ 5,398,179 $ 796,495 Charge to cost of sales 2,428,290 - - Less: write-off (4,730,947) (1,373,516) (202,661) Ending balance ¥ 5,398,179 ¥ 4,024,663 $ 593,834

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	12 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 9. PROPERTY AND EQUIPMENT, NET June 30, June 30, June 30, RMB RMB U.S. Dollars Motor vehicles ¥ 3,871,567 ¥ 4,116,847 $ 607,436 Office equipment and fixtures 828,285 1,139,587 168,145 Production equipment 916,025 916,026 135,159 Total property and equipment 5,615,877 6,172,460 910,740 Less: Accumulated depreciation and amortization (2,708,115) (3,404,490) (502,329) Property and equipment, net ¥ 2,907,762 ¥ 2,767,970 $ 408,411 Depreciation and amortization expenses were ¥ 526,046 955,083 856,735 126,410 Gain from property and equipment disposal was ¥ 193,657 40,688 35,919 5,300

OTHER PAYABLES

OTHER PAYABLES	12 Months Ended
	Jun. 30, 2017
Other Liabilities Disclosure [Abstract]
Other Liabilities Disclosure [Text Block]	NOTE 10. OTHER PAYABLES June 30, June 30, June 30, Third Party RMB RMB U.S. Dollars Service ¥ 1,659,505 ¥ 1,518,033 $ 223,984 Distributors and employees 245,070 207,005 30,543 Funds collected on behalf of others 895,022 895,022 132,060 Advances from customers 200,600 130,100 19,196 Accrued expenses 261,348 193,274 28,517 Short-term borrowings due to third parties 530,000 300,000 44,265 Others 352,781 408,466 60,269 Total ¥ 4,144,326 ¥ 3,651,900 $ 538,834 June 30, June 30, June 30, Related Party RMB RMB U.S. Dollars Expenses paid by the major shareholders ¥ 3,144,263 ¥ 3,062,709 $ 451,899 Due to family member of one owner 285,000 - - Due to management staff for costs incurred on behalf of Recon 250,981 251,310 37,080 Total ¥ 3,680,244 ¥ 3,314,019 $ 488,979

TAXES PAYABLE

TAXES PAYABLE	12 Months Ended
	Jun. 30, 2017
Taxes Payable [Abstract]
Taxes Payable Disclosure [Text Block]	NOTE 11. TAXES PAYABLE June 30, June 30, June 30, RMB RMB U.S. Dollars VAT payable ¥ 739,260 ¥ 632,831 $ 93,373 Income tax payable - 43,556 6,427 Other taxes payable 16,620 8,334 1,230 Total taxes payable ¥ 755,880 ¥ 684,721 $ 101,030

SHORT-TERM BORROWINGS DUE TO RE

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES	12 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Short-term Debt [Text Block]	June 30, June 30, June 30, Short-term borrowings RMB RMB U.S. Dollars Short-term borrowing from a Founder, 5.75% annual interest, due on September 25, 2016 ¥ 1,807,207 ¥ - $ - Short-term borrowing from a Founder, 5.75% annual interest, due on October 10, 2016 2,409,610 - - Short-term borrowing from a Founder's family member, 5.43% annual interest, due on November 4, 2016 1,805,180 - - Short-term borrowing from a Founder's family member, no interest, due on December 16, 2016 1,500,000 - - Short-term borrowing from a Founder's family member, no interest, due on December 28, 2016 400,000 - - Short-term borrowing from a Founder, 5.22% annual interest, due on March 10, 2017 2,529,795 - - Short-term borrowing from a Founder, 5.22% annual interest, due on May 6, 2017 2,490,056 - - Short-term borrowing from a Founder, 5.655% annual interest, due on August 24, 2017* - 62,692 9,251 Short-term borrowing from a Founder, 5.655% annual interest, due on August 31, 2017** - 1,260,165 185,936 Short-term borrowing from a Founder, 5.655% annual interest, due on August 31, 2017*** - 1,420,223 209,552 Short-term borrowing from a Founder, 5.655% annual interest, due on September 11, 2017**** - 722,262 106,569 Short-term borrowing from a Founder, 5.655% annual interest, due on September 16, 2017***** - 541,187 79,851 Short-term borrowing from a Founder, 5.655% annual interest, due on September 18, 2017****** - 804,530 118,707 Short-term borrowing from a Founder's family member, no interest, due on December 31, 2017 - 350,000 51,642 Short-term borrowing from a Founder, 5.22% annual interest, due on May 10, 2018******* - 2,529,428 373,214 Short-term borrowing from a Founder, 5.22% annual interest, due on June 7, 2018******** - 2,477,521 365,555 Total short-term borrowings due to related parties ¥ 12,941,848 ¥ 10,168,008 $ 1,500,277 No short-term borrowings due to related parties were guaranteed or collateralized at June 30, 2016 and 2017. * As of August 24, 2017, the short-term borrowing was fully paid back. ** As of August 31, 2017, the short-term borrowing was fully paid back. *** As of August 31, 2017, the short-term borrowing was fully paid back. **** As of September 11, 2017, the short-term borrowing was fully paid back. ***** As of September 16, 2017, the short-term borrowing was fully paid back. ****** As of September 18, 2017, the short-term borrowing was fully paid back. ******* As of September 12, 2017, the short-term borrowing was fully paid back. ******** As of September 12, 2017, the short-term borrowing was fully paid back. Interest expense for short-term borrowings due to related parties was ¥ 593,884 487,692 548,878 80,986

COMMON STOCK

COMMON STOCK	12 Months Ended
	Jun. 30, 2017
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 13. COMMON STOCK Stock offering In June 2015, the Company entered into a securities purchase agreement with certain institutional investors for the sale of 297,197 ordinary shares in a registered direct offering (4,000 shares at an average of $1.64 on June 9, 2015; 288,105 shares at an average of $2.12 on June 10, 2015; 5,092 shares at an average of $2.00 on June 11, 2015). The net cash proceeds received from the stock offering, after deducting ¥1,294,922 ($212,673) underwriter commission and other associated fees, were ¥2,392,027 (approximately $0.6 million). During the year ended June 30, 2016, the Company offered 15,874 ordinary shares under the same purchase agreement from June 2015. The net cash proceeds received from the stock offering were ¥158,268 ($23,352). During the year ended June 30, 2017, the Company did not offer any ordinary shares under the purchase agreement. Appropriated Retained Earnings

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Jun. 30, 2017
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 14. STOCK-BASED COMPENSATION Stock-Based Awards Plan 2015 Incentive Plan 400,000 1.65 January 31, 2025 10.13 1.65 Stock Options Shares Weighted Outstanding as of June 30, 2015 815,600 $ 3.04 Granted - - Forfeited - - Exercised - - Outstanding as of June 30, 2016 815,600 $ 3.04 Granted - - Forfeited - - Exercised - - Outstanding as of June 30, 2017 815,600 $ 3.04 Outstanding Options Exercisable Options Average Exercise Number Average Average Exercise Number Average $ 6.00 193,000 2.08 $ 6.00 193,000 2.08 $ 2.96 222,600 4.74 $ 2.96 222,600 4.74 $ 1.65 400,000 7.59 $ 1.65 266,667 7.59 815,600 The Share-based compensation expense recorded for stock options granted were ¥ 1,294,629 2,096,162 2,039,446 300,918 0.87 0.13 0.59 Restricted Shares to senior manager As of June 30, 2017, the Company has granted restricted shares of common stock to senior management as follows: On December 13, 2013, the Company granted 95,181 the CEO 135,181 the CTO 688,782 2.99 76,788 153,574 On January 31, 2015, the Company granted 150,000 the CEO 150,000 the CTO 495,000 1.65 100,000 100,000 100,000 100,000 On October 18, 2015, the Company granted 800,000 704,000 0.88 266,667 19,000 255,334 520,667 On July 27, 2016, the Company granted 876,000 963,600 1.10 19,000 292,000 298,333 596,667 On December 9, 2016, the Company approved management's new plan based on future performance for the three fiscal years from 2017 to 2019. The Company also agreed on front-issuing of shares based on the optimism situation, thus non-vested 3.01 The fair value of the restricted shares was $ 4,063,500 1.35 The Share-based compensation expense recorded for restricted shares issued for management 1,828,790 3,595,146 12,904,723 1,904,076 issued for management 27.46 4.05 1.93 Restricted Shares for service For the year ended June 30, 2017, the Company has granted restricted shares of common stock to consultants as follows: On November 16, 2015, the Company agreed to issue a total of 100,000 108,400 1.08 100,000 On November 19, 2015, the Company issued 260,185 247,176 0.95 260,185 On July 27, 2016, the Company approved the grant of 250,000 275,000 based on the closing stock price of $ 1.10 On November 10, 2016, the Company approved the grant of 330,000 300,993 based on the closing stock price of $ 0.9121 The vesting period of these shares was three-month from the date of contract. On March 31, 2017, the Company approved the grant of 200,000 256,020 based on the closing stock price of $ 1.2801 The vesting period of these shares was two-year from the date of contract. 25,000 On April 5, 2017, the Company approved the grant of 300,000 390,000 based on the closing stock price of $ 1.30 The vesting period of these shares was one year from the date of contract. 75,000 On April 24, 2017, the Company approved the grant of 500,000 555,050 The fair value of those restricted shares was based on the closing stock price of $ 1.101 Those shares were vested by June 15, 2017 based on the contract. The Share-based compensation expense recorded for restricted shares issued for service were ¥ 1,585,462 2,287,415 8,399,240 1,239,298 3.50 0.52 1.19 Restricted stock grants Shares Non-vested as of June 30, 2015 453,575 Granted 1,160,185 Vested (536,972) Non-vested as of June 30, 2016 1,076,788 Granted 5,466,000 Vested (1,617,121) Non-vested as of June 30, 2017 4,925,667

INCOME TAX

INCOME TAX	12 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 15. 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 uses a tax rate of 25 Nanjing Recon was approved as a government-certified high –technology company and is subject to a reduced 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 and is subject to a reduced income tax rate of 15 June 30, June 30, June 30, June 30, RMB RMB RMB U.S. Dollars Outside areas ¥ (8,872,589) ¥ (14,257,066) ¥ (28,079,918) $ (4,143,156) China (25,135,874) (26,079,666) (2,815,983) (415,496) Total ¥ (34,008,463) ¥ (40,336,732) ¥ (30,895,901) $ (4,558,652) June 30, June 30, June 30, RMB RMB U.S. Dollars Allowance for doubtful receivables ¥ 1,958,120 ¥ 925,907 $ 136,617 Net operating loss carryforwards 1,790,615 3,425,411 505,415 Less: Valuation allowance (3,748,735) (4,351,318) (642,032) Total deferred income tax assets ¥ - ¥ - $ - For the years ended June 30, 2015 2016 2017 2017 RMB RMB RMB U.S. Dollars Income tax calculated at statutory rates ¥ (6,108,744) ¥ (6,230,384) ¥ (580,551) $ (85,660) Nondeductible expenses (non-taxable income) 5,335,231 1,774,956 93,709 13,827 Benefit of favorable rate for high-technology companies 385,650 2,492,154 232,221 34,264 Benefit of revenue exempted from enterprise income tax (190,614) (43,363) (19,919) (2,939) Change in valuation allowances 137,683 3,748,735 602,583 88,910 Over-accrued tax of prior years (2,111,281) (1,196,253) (20,143) (2,972) Provision (benefit) for income tax ¥ (2,552,075) ¥ 545,845 ¥ 307,900 $ 45,430 For the years ended June 30, 2015 2016 2017 2017 RMB RMB RMB U.S. Dollars Current income tax provision (benefit) ¥ (2,019,938) ¥ - ¥ 307,900 $ 45,430 Adjust over accrued tax of prior years - (1,196,253) - Deferred income taxes provision (benefit) (532,137) 1,742,098 - - Expense (benefit) for income tax ¥ (2,552,075) ¥ 545,845 ¥ 307,900 $ 45,430

NON-CONTROLLING INTEREST

NON-CONTROLLING INTEREST	12 Months Ended
	Jun. 30, 2017
Noncontrolling Interest [Abstract]
Noncontrolling Interest Disclosure [Text Block]	NOTE 16. NON-CONTROLLING INTEREST Non-controlling interest consisted of the following: As of June 30, 2016 Nanjing BHD Recon Total Total RMB RMB RMB U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 1,851,000 $ 278,583 Unappropriated retained earnings 3,152,687 3,250,513 6,403,200 963,709 Accumulated other comprehensive loss (18,850) (11,853) (30,703) (4,621) Total non-controlling interest ¥ 4,784,837 ¥ 3,438,660 ¥ 8,223,497 $ 1,237,671 As of June 30, 2017 Nanjing BHD Recon Total Total RMB RMB RMB U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 1,851,000 $ 273,113 Unappropriated retained earnings 3,152,687 3,491,859 6,644,546 980,395 Accumulated other comprehensive loss (18,850) (11,853) (30,703) (4,531) Total non-controlling interest ¥ 4,784,837 ¥ 3,680,006 ¥ 8,464,843 $ 1,248,977

CONCENTRATIONS

CONCENTRATIONS	12 Months Ended
	Jun. 30, 2017
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	NOTE 17. CONCENTRATIONS For the year ended June 30, 2015, four customers represented approximately 43 15 14 11 , respectively. At June 30, 2015, four customers accounted for 89 75 . At June 30, 2016, two customers accounted for 81 72 10 At June 30, 2017, three customers accounted for 80 For the year ended June 30, 2015, one major supplier accounted for 18 At June 30, 2015, two suppliers accounted for 73 For the year ended June 30, 2016, two major suppliers accounted for 49 At June 30, 2016, three suppliers accounted for 67 For the year ended June 30, 2017, three major suppliers accounted for 43 At June 30, 2017, three suppliers accounted for 61

COMMITMENTS AND CONTINGENCY

COMMITMENTS AND CONTINGENCY	12 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 18. COMMITMENTS AND CONTINGENCY (a) Office Leases Twelve months ending June 30, Office lease payment RMB U.S. Dollars 2018 ¥ 1,800,000 $ 265,588 2019 716,000 105,645 2020 716,000 105,645 Total ¥ 3,232,000 $ 476,878 Rent expense for the years ended June 30, 2015, 2016 and 2017 were ¥ 1,325,780 1,323,170 1,664,128 245,540 (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, 2017, the Company estimated its severance payments of approximately ¥ 1.7 0.25

RELATED PARTY TRANSACTIONS AND

RELATED PARTY TRANSACTIONS AND BALANCES	12 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 19. RELATED PARTY TRANSACTIONS AND BALANCES – For the years ended June 30, 2015 2016 2017 2017 RMB RMB RMB U.S. Dollars Xiamen Henda Hitek Computer Network Co. Ltd ¥ 1,676,036 ¥ - ¥ - $ - Xiamen Huangsheng Hitek Computer Network Co. Ltd. 752,137 - - - Revenues from related parties ¥ 2,428,173 ¥ - ¥ - $ - purchases from related parties consisted of the following: For the years ended June 30, 2015 2016 2017 2017 RMB RMB RMB U.S. Dollars Huanghua Heng Da Xiang Tong Manufacture Ltd ¥ 862,782 ¥ 338,862 ¥ - $ - Xiamen Huangsheng Hitek Computer Network Co. Ltd. 797,587 588,894 - - Purchases from related parties ¥ 1,660,369 ¥ 927,756 ¥ - $ - Account payable due to related parties - The Company purchased automation products and heating furnaces from Xiamen Huangsheng Hitek Computer Network Co. Ltd (Huangsheng Hitek) and Huanghua Xiang Tong. The ending balance of accounts payable due to Huangsheng Hitek as of June 30, 2016 and 2017 were both nil. On March 18, 2016, the Company terminated its equity investment in Huanghua Xiang Tong and therefore has no related-party relationship with this entity after March 18, 2016. Leases from related parties 140,000 1.68 0.25 Monthly Rent Monthly Rent Lessee Lessor Rent Period RMB USD Nanjing Recon Yin Shenping July 10, 2014 - March 31, 2018 ¥ 60,000 $ 8,853 BHD Chen Guangqiang January 1, 2015 - December 31, 2017 22,500 3,320 BHD Mr Chen'sfamily member January 1, 2015 - December 31, 2017 47,500 7,009 Recon BJ Yin Shenping July 1, 2016 - June 30, 2018 10,000 1,475 Short-term borrowings from related parties - The Company borrowed ¥ 12,941,848 10,168,008 1,500,277 Expenses paid by the owner on behalf of Recon 3,144,263 3,062,709 451,899

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	12 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Disclosure Of Variable Interest Entities [Text Block]	NOTE 20. Variable Interest Entities The Company reports its VIEs’ portion of consolidated net income (loss) and stockholders’ equity as non-controlling interests in the consolidated financial statements. June 30, 2016 June 30, 2017 June 30, 2017 RMB RMB U.S. Dollars ASSETS Current Assets Cash and cash equivalents ¥ 619,430 ¥ 3,506,540 $ 517,386 Notes receivable 4,660,177 6,112,960 901,960 Trade accounts receivable, net 38,097,626 39,425,911 5,817,245 Purchase advances, net 1,323,305 11,476,000 1,693,270 Other assets 25,584,030 7,450,483 1,099,310 Total current assets ¥ 70,284,568 ¥ 67,971,894 $ 10,029,171 Non-current assets 5,113,193 2,757,404 406,852 Total Assets ¥ 75,397,761 ¥ 70,729,298 $ 10,436,023 LIABILITIES Trade accounts payable ¥ 7,540,430 ¥ 8,352,870 $ 1,232,456 Taxes payable 755,881 684,721 101,030 Other liabilities 19,025,594 16,372,863 2,415,796 Total current liabilities 27,321,905 25,410,454 3,749,282 Total Liabilities ¥ 27,321,905 ¥ 25,410,454 $ 3,749,282 The financial performance of VIEs reported in the consolidated statement of operations and comprehensive loss for the year ended June 30, 2015 includes revenues of ¥ 51,512,900 34,257,359 42,728,277 31,590,843 60,054,462 8,860,963 18,074,743 2,666,906

REVENUES GENERATED FROM PRODUCT

REVENUES GENERATED FROM PRODUCTION LINES	12 Months Ended
	Jun. 30, 2017
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	NOTE 21. REVENUEs GENERATED FROM PRODUCTION LINES For the years ended June 30, 2015 2016 2017 2017 RMB RMB RMB U.S. Dollars Automation product and software ¥ 23,434,794 ¥ 26,171,906 ¥ 22,399,066 $ 3,304,956 Equipment and accessories 25,546,159 13,038,562 26,585,924 3,922,720 Waste water treatment products - 2,334,457 10,997,302 1,622,638 Subtotal revenue - Hardware and software- non-related parties 48,980,953 41,544,925 59,982,292 8,850,314 Revenue - Hardware and software - related parties 2,428,173 - - - Service 103,774 1,183,352 72,170 10,649 Total revenue ¥ 51,512,900 ¥ 42,728,277 ¥ 60,054,462 $ 8,860,963

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 22. SUBSEQUENT EVENTS On August 12, 2017, Board of the Company approved to settle unpaid compensation of management for fiscal year 2017 based on the closing stock price on August 11, 2017. Total payable amount to management was $ 232,545 219,381 1.06 On July 5, 2017, the Company borrowed ¥ 210,000 On July 26, 2017, the Company borrowed ¥ 800,000 On August 15, 2017, the Company borrowed ¥ 3,000,000 August 14, 2018 On August 17, 2017, the Company borrowed ¥ 600,000 August 16, 2018 On August 22, 2017, the Company borrowed ¥ 1,000,000 August 21, 2018 On August 25, 2017, the Company borrowed ¥ 2,000,000 5.65 September 24, 2017 2,000,000 295,098 9,739 1,437 On August 31, 2017, the Company borrowed ¥ 2,100,000

SIGNIFICANT ACCOUNTING POLICI29

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2017
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 (“US GAAP”) 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 translation has been made at the rate of ¥6.7774 = US$1.00, the approximate exchange rate prevailing on June 30, 2017.
Use of Estimates, Policy [Policy Text Block]	Estimates and assumptions - 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 allowance for doubtful accounts related to trade accounts receivable, other receivables and purchase advances, allowance for inventory, the useful lives of property and equipment, valuation allowance for deferred tax assets 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
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Values of Financial Instruments - The US 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.
Trade and Other Accounts Receivable, Policy [Policy Text Block]	Trade Accounts and Other Receivables
Policy Loans Receivable, Policy [Policy Text Block]	Notes Receivable
Purchase Advances [Policy Text Block]	Purchase Advances Purchase advances are reviewed periodically to determine whether their carrying value has become impaired. Provision is made against purchase advances to the extent they are considered to be doubtful. Advances are written off after extensive efforts at collection.
Inventory, Policy [Policy Text Block]	Inventories
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Items Useful life Motor vehicles 5 10 Office equipment 2 5 Leasehold improvement Production equipment 10
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Long-Lived Assets
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition Hardware and software: Revenue from hardware and software sales is generally recognized when the product with the embedded software system is shipped to the customer and when there are no unfulfilled company obligations that affect the customer’s final acceptance of the arrangement. Usually this is short term in nature. Revenue is not recognized until completion of the contracts and receipt of acceptance from the customers. Service: The Company provides services to improve system operation on separated fixed-price contracts. Revenue is recognized when service has been performed and accepted by the customer.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Share-Based Compensation -
Research and Development Expense, Policy [Policy Text Block]	Research and Development Expenses - Research and development expenses relating to improving development efficiency and the quality of the Company’s products and services, including s design of downhole automation platform systems and chemical products used for waste water treatment, are expensed as incurred.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position would be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement.
Earnings Per Share, Policy [Policy Text Block]	Loss per Share (“EPS”) 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). The effect from options, restricted shares and warrants would have been anti-dilutive due to the fact that the Company incurred a net loss for the years ended June 30, 2015, 2016 and 2017.
New Accounting Pronouncements, Policy [Policy Text Block]	In October 2016, the FASB issued ASU No. 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory”, which requires the recognition of the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. For public business entities, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. Early adoption is permitted. The amendments in this ASU should be adopted on a modified retrospective basis. Management plans to adopt this ASU after December 15, 2017. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-17, “Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control”. The amendments affect reporting entities that are required to evaluate whether they should consolidate a variable interest entity in certain situations involving entities under common control. Specifically, the amendments change the evaluation of whether a reporting entity is the primary beneficiary of a variable interest entity by changing how a reporting entity that is a single decision maker of a variable interest entity treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The amendments are effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted. Management adopted this ASU. The adoption of this guidance did not have a material impact on its consolidated financial statements and related disclosures. In November 2016, the FASB issued ASU No. 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash", which requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. Management plans to adopt this ASU after December 15, 2017. The amendments should be applied using a retrospective transition method to each period presented. The adoption of this guidance will increase cash and cash equivalents by the amount of the restricted cash on the Company's consolidated statement of cash flows. In January 2017, the FASB issued ASU No. 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business". The amendments in this ASU clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Basically, these amendments provide a screen to determine when a set is not a business. If the screen is not met, the amendments in this ASU first, require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output and second, remove the evaluation of whether a market participant could replace missing elements. These amendments take effect for public businesses for fiscal years beginning after December 15, 2017 and interim periods within those periods. Management plans to adopt this ASU after December 15, 2017. In May 2017, the FASB issued ASU 2017-09, “Scope of Modification Accounting”, which amends the scope of modification accounting for share-based payment arrangements, provides guidance on the types of changes to the terms or conditions of share-based payment awards to which an entity would be required to apply modification accounting under ASC 718. For all entities, the ASU is effective for annual reporting periods, including interim periods within those annual reporting periods, beginning after December 15, 2017. Early adoption is permitted, including adoption in any interim period. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In January 2017, the FASB issued ASU 2017-01, which clarifies the definition of a business to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The standard will be effective in the first quarter of our fiscal 2019. Management plans to adopt this ASU after December 15, 2017. The Company expects that the adoption of this ASU will not have a material impact on the Company’s consolidated financial statements. In July 2017, the FASB issued ASU 2017-11, “Earnings Per Share (Topic 260)”, Distinguishing Liabilities from Equity (Topic 480), Derivatives and Hedging (Topic 815). The amendments in Part I of this Update change the classification analysis of certain equity-linked financial instruments (or embedded features) with down round features. The amendments in Part II of this Update recharacterize the indefinite deferral of certain provisions of Topic 480 that now are presented as pending content in the Codification, to a scope exception. Those amendments do not have an accounting effect. For public business entities, the amendments in Part I of this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Management plans to adopt this ASU after December 15, 2018. The Company expects that the adoption of this ASU will not have a material impact on the Company’s consolidated financial statements. The Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the consolidated financial position, statements of operations and cash flows.

TRADE ACCOUNTS RECEIVABLE, NET

TRADE ACCOUNTS RECEIVABLE, NET (Tables)	12 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule Of Accounts Receivable Third Party [Table Text Block]	June 30, June 30, June 30, Third Party RMB RMB U.S. Dollars Trade accounts receivable ¥ 42,665,499 ¥ 43,691,416 $ 6,446,615 Allowance for doubtful accounts (4,567,873) (4,265,505) (629,370) ¥ 38,097,626 ¥ 39,425,911 $ 5,817,245 June 30, June 30, June 30, Third Party – long-term RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ 2,467,036 ¥ - $ - Allowance for doubtful accounts (246,704) - - ¥ 2,220,332 ¥ - $ - * The receivable from 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 was to be collected in three installments during the period from September, 2015 to December, 2017, with each installment of ¥ 2,467,036 364,008
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Movement of allowance for doubtful accounts is as follows: June 30, June 30, June 30, RMB RMB U.S. Dollars Beginning balance ¥ 6,356,472 ¥ 4,814,577 $ 710,385 Charge to expense 1,650,745 1,137,238 167,798 Less: write-off (3,192,640) (1,686,310) (248,813) Ending balance ¥ 4,814,577 ¥ 4,265,505 $ 629,370

OTHER RECEIVABLES, NET (Tables)

OTHER RECEIVABLES, NET (Tables)	12 Months Ended
	Jun. 30, 2017
Other Receivables [Abstract]
Schedule Of Other Receivables [Table Text Block]	Third Party June 30, June 30, June 30, Current Portion RMB RMB U.S. Dollars Due from ENI (A) ¥ 2,729,033 ¥ - $ - Loans to third parties (B) 14,168,344 1,115,720 164,623 Business advances to officers and staffs (C) 4,952,114 2,999,761 442,611 Deposits for projects 893,669 1,189,329 175,484 Others 534,759 307,119 45,316 Allowance for doubtful accounts (1,277,807) (1,505,419) (222,123) Total ¥ 22,000,112 ¥ 4,106,510 $ 605,911 (A) The remaining part of this loan was repaid over four years with quarterly installments of ¥ 699,147 (B) Loans to third-parties are mainly used for short-term funding to support the Company’s external business partners. These loans are due on demand bearing no interest. (C) Business advances to officers and staffs represent advances for business travel and sundry expenses related to oilfield or on-site installation and inspection of products through customer approval and acceptance.
Allowance For Doubtful Accounts In Other Receivables [Table Text Block]	Movement of allowance for doubtful accounts is as follows: June 30, June 30, June 30, RMB RMB U.S. Dollars Beginning balance ¥ 822,233 ¥ 1,277,807 $ 188,539 Charge to expense 455,574 247,612 36,535 Less: write-off - (20,000) (2,951) Ending balance ¥ 1,277,807 ¥ 1,505,419 $ 222,123

PURCHASE ADVANCES, NET (Tables)

PURCHASE ADVANCES, NET (Tables)	12 Months Ended
	Jun. 30, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule Of Purchase Advances [Table Text Block]	The Company purchased products and services from third parties during the normal course of business. Purchase advances, net consisted of the following: June 30, June 30, June 30, Third Party RMB RMB U.S. Dollars Prepayment for inventory purchases ¥ 17,914,552 ¥ 11,877,790 $ 1,752,553 Allowance for doubtful accounts (16,591,247) (401,790) (59,283) Total ¥ 1,323,305 ¥ 11,476,000 $ 1,693,270
Allowance For Doubtful Accounts In Purchase Advance [Table Text Block]	Movement of allowance for doubtful accounts is as follows: June 30, June 30, June 30, RMB RMB U.S. Dollars Beginning balance ¥ 4,222,492 ¥ 16,591,247 $ 2,448,018 Charge to expense 12,368,755 381,436 56,280 Less: write-off - (16,570,893) (2,445,015) Ending balance ¥ 16,591,247 ¥ 401,790 $ 59,283

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Jun. 30, 2017
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	June 30, June 30, June 30, RMB RMB U.S. Dollars Small component parts ¥ 55,726 ¥ 55,726 $ 8,222 Purchased goods and raw materials 61,361 51,617 7,616 Work in process and goods on site 3,539,525 1,842,411 271,845 Finished goods 8,054,637 4,702,883 693,905 Allowance for slow moving inventory (5,398,179) (4,024,663) (593,834) Total inventories, net ¥ 6,313,070 ¥ 2,627,974 $ 387,754
Allowance For Doubtful Inventory [Table Text Block]	Movement of allowance for slow-moving inventories is as follows: June 30, June 30, June 30, RMB RMB U.S. Dollars Beginning balance ¥ 7,700,836 ¥ 5,398,179 $ 796,495 Charge to cost of sales 2,428,290 - - Less: write-off (4,730,947) (1,373,516) (202,661) Ending balance ¥ 5,398,179 ¥ 4,024,663 $ 593,834

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	12 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment consisted of the following: June 30, June 30, June 30, RMB RMB U.S. Dollars Motor vehicles ¥ 3,871,567 ¥ 4,116,847 $ 607,436 Office equipment and fixtures 828,285 1,139,587 168,145 Production equipment 916,025 916,026 135,159 Total property and equipment 5,615,877 6,172,460 910,740 Less: Accumulated depreciation and amortization (2,708,115) (3,404,490) (502,329) Property and equipment, net ¥ 2,907,762 ¥ 2,767,970 $ 408,411

OTHER PAYABLES (Tables)

OTHER PAYABLES (Tables)	12 Months Ended
	Jun. 30, 2017
Other Liabilities Disclosure [Abstract]
Schedule Of Other Payables [Table Text Block]	Other payables consisted of the following: June 30, June 30, June 30, Third Party RMB RMB U.S. Dollars Service ¥ 1,659,505 ¥ 1,518,033 $ 223,984 Distributors and employees 245,070 207,005 30,543 Funds collected on behalf of others 895,022 895,022 132,060 Advances from customers 200,600 130,100 19,196 Accrued expenses 261,348 193,274 28,517 Short-term borrowings due to third parties 530,000 300,000 44,265 Others 352,781 408,466 60,269 Total ¥ 4,144,326 ¥ 3,651,900 $ 538,834
Schedule Of Other Payables Related Party [Table Text Block]	June 30, June 30, June 30, Related Party RMB RMB U.S. Dollars Expenses paid by the major shareholders ¥ 3,144,263 ¥ 3,062,709 $ 451,899 Due to family member of one owner 285,000 - - Due to management staff for costs incurred on behalf of Recon 250,981 251,310 37,080 Total ¥ 3,680,244 ¥ 3,314,019 $ 488,979

TAXES PAYABLE (Tables)

TAXES PAYABLE (Tables)	12 Months Ended
	Jun. 30, 2017
Taxes Payable [Abstract]
Taxes Payable [Table Text Block]	Taxes payable consisted of the following: June 30, June 30, June 30, RMB RMB U.S. Dollars VAT payable ¥ 739,260 ¥ 632,831 $ 93,373 Income tax payable - 43,556 6,427 Other taxes payable 16,620 8,334 1,230 Total taxes payable ¥ 755,880 ¥ 684,721 $ 101,030

SHORT-TERM BORROWINGS DUE TO 37

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES (Tables)	12 Months Ended
	Jun. 30, 2017
Related Party [Member]
Short-term Debt [Line Items]
Schedule of Short-term Debt [Table Text Block]	Short-term borrowings due to related parties consisted of the following: June 30, June 30, June 30, Short-term borrowings RMB RMB U.S. Dollars Short-term borrowing from a Founder, 5.75% annual interest, due on September 25, 2016 ¥ 1,807,207 ¥ - $ - Short-term borrowing from a Founder, 5.75% annual interest, due on October 10, 2016 2,409,610 - - Short-term borrowing from a Founder's family member, 5.43% annual interest, due on November 4, 2016 1,805,180 - - Short-term borrowing from a Founder's family member, no interest, due on December 16, 2016 1,500,000 - - Short-term borrowing from a Founder's family member, no interest, due on December 28, 2016 400,000 - - Short-term borrowing from a Founder, 5.22% annual interest, due on March 10, 2017 2,529,795 - - Short-term borrowing from a Founder, 5.22% annual interest, due on May 6, 2017 2,490,056 - - Short-term borrowing from a Founder, 5.655% annual interest, due on August 24, 2017* - 62,692 9,251 Short-term borrowing from a Founder, 5.655% annual interest, due on August 31, 2017** - 1,260,165 185,936 Short-term borrowing from a Founder, 5.655% annual interest, due on August 31, 2017*** - 1,420,223 209,552 Short-term borrowing from a Founder, 5.655% annual interest, due on September 11, 2017**** - 722,262 106,569 Short-term borrowing from a Founder, 5.655% annual interest, due on September 16, 2017***** - 541,187 79,851 Short-term borrowing from a Founder, 5.655% annual interest, due on September 18, 2017****** - 804,530 118,707 Short-term borrowing from a Founder's family member, no interest, due on December 31, 2017 - 350,000 51,642 Short-term borrowing from a Founder, 5.22% annual interest, due on May 10, 2018******* - 2,529,428 373,214 Short-term borrowing from a Founder, 5.22% annual interest, due on June 7, 2018******** - 2,477,521 365,555 Total short-term borrowings due to related parties ¥ 12,941,848 ¥ 10,168,008 $ 1,500,277 No short-term borrowings due to related parties were guaranteed or collateralized at June 30, 2016 and 2017. * As of August 24, 2017, the short-term borrowing was fully paid back. ** As of August 31, 2017, the short-term borrowing was fully paid back. *** As of August 31, 2017, the short-term borrowing was fully paid back. **** As of September 11, 2017, the short-term borrowing was fully paid back. ***** As of September 16, 2017, the short-term borrowing was fully paid back. ****** As of September 18, 2017, the short-term borrowing was fully paid back. ******* As of September 12, 2017, the short-term borrowing was fully paid back. ******** As of September 12, 2017, the short-term borrowing was fully paid back.

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Jun. 30, 2017
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The following is a summary of the stock options activity: Stock Options Shares Weighted Outstanding as of June 30, 2015 815,600 $ 3.04 Granted - - Forfeited - - Exercised - - Outstanding as of June 30, 2016 815,600 $ 3.04 Granted - - Forfeited - - Exercised - - Outstanding as of June 30, 2017 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, 2017: Outstanding Options Exercisable Options Average Exercise Number Average Average Exercise Number Average $ 6.00 193,000 2.08 $ 6.00 193,000 2.08 $ 2.96 222,600 4.74 $ 2.96 222,600 4.74 $ 1.65 400,000 7.59 $ 1.65 266,667 7.59 815,600
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	Following is a summary of the restricted shares granted: Restricted stock grants Shares Non-vested as of June 30, 2015 453,575 Granted 1,160,185 Vested (536,972) Non-vested as of June 30, 2016 1,076,788 Granted 5,466,000 Vested (1,617,121) Non-vested as of June 30, 2017 4,925,667

INCOME TAX (Tables)

INCOME TAX (Tables)	12 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	Loss before provision for income taxes consisted of: June 30, June 30, June 30, June 30, RMB RMB RMB U.S. Dollars Outside areas ¥ (8,872,589) ¥ (14,257,066) ¥ (28,079,918) $ (4,143,156) China (25,135,874) (26,079,666) (2,815,983) (415,496) Total ¥ (34,008,463) ¥ (40,336,732) ¥ (30,895,901) $ (4,558,652)
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred tax asset is comprised of the following: June 30, June 30, June 30, RMB RMB U.S. Dollars Allowance for doubtful receivables ¥ 1,958,120 ¥ 925,907 $ 136,617 Net operating loss carryforwards 1,790,615 3,425,411 505,415 Less: Valuation allowance (3,748,735) (4,351,318) (642,032) Total deferred income tax assets ¥ - ¥ - $ -
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Following is a reconciliation of income tax expense (benefit) at the effective rate to income tax at the calculated statutory rates: For the years ended June 30, 2015 2016 2017 2017 RMB RMB RMB U.S. Dollars Income tax calculated at statutory rates ¥ (6,108,744) ¥ (6,230,384) ¥ (580,551) $ (85,660) Nondeductible expenses (non-taxable income) 5,335,231 1,774,956 93,709 13,827 Benefit of favorable rate for high-technology companies 385,650 2,492,154 232,221 34,264 Benefit of revenue exempted from enterprise income tax (190,614) (43,363) (19,919) (2,939) Change in valuation allowances 137,683 3,748,735 602,583 88,910 Over-accrued tax of prior years (2,111,281) (1,196,253) (20,143) (2,972) Provision (benefit) for income tax ¥ (2,552,075) ¥ 545,845 ¥ 307,900 $ 45,430
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The Company’s tax expense (benefit) is comprised of the following: For the years ended June 30, 2015 2016 2017 2017 RMB RMB RMB U.S. Dollars Current income tax provision (benefit) ¥ (2,019,938) ¥ - ¥ 307,900 $ 45,430 Adjust over accrued tax of prior years - (1,196,253) - Deferred income taxes provision (benefit) (532,137) 1,742,098 - - Expense (benefit) for income tax ¥ (2,552,075) ¥ 545,845 ¥ 307,900 $ 45,430

NON-CONTROLLING INTEREST(Tables

NON-CONTROLLING INTEREST(Tables)	12 Months Ended
	Jun. 30, 2017
Noncontrolling Interest [Abstract]
Noncontrolling Interest [Table Text Block]	Non-controlling interest consisted of the following: As of June 30, 2016 Nanjing BHD Recon Total Total RMB RMB RMB U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 1,851,000 $ 278,583 Unappropriated retained earnings 3,152,687 3,250,513 6,403,200 963,709 Accumulated other comprehensive loss (18,850) (11,853) (30,703) (4,621) Total non-controlling interest ¥ 4,784,837 ¥ 3,438,660 ¥ 8,223,497 $ 1,237,671 As of June 30, 2017 Nanjing BHD Recon Total Total RMB RMB RMB U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 1,851,000 $ 273,113 Unappropriated retained earnings 3,152,687 3,491,859 6,644,546 980,395 Accumulated other comprehensive loss (18,850) (11,853) (30,703) (4,531) Total non-controlling interest ¥ 4,784,837 ¥ 3,680,006 ¥ 8,464,843 $ 1,248,977

COMMITMENTS AND CONTINGENCY (Ta

COMMITMENTS AND CONTINGENCY (Tables)	12 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Operating Leases of Lessee Disclosure [Table Text Block]	The Company entered into six non-cancellable operating lease agreements for office spaces and factories. Future payments under such leases are as follows as of June 30, 2017: Twelve months ending June 30, Office lease payment RMB U.S. Dollars 2018 ¥ 1,800,000 $ 265,588 2019 716,000 105,645 2020 716,000 105,645 Total ¥ 3,232,000 $ 476,878

RELATED PARTY TRANSACTIONS AN42

RELATED PARTY TRANSACTIONS AND BALANCES (Tables)	12 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Sales To Related Parties [Table Text Block]	Sales to related parties – For the years ended June 30, 2015 2016 2017 2017 RMB RMB RMB U.S. Dollars Xiamen Henda Hitek Computer Network Co. Ltd ¥ 1,676,036 ¥ - ¥ - $ - Xiamen Huangsheng Hitek Computer Network Co. Ltd. 752,137 - - - Revenues from related parties ¥ 2,428,173 ¥ - ¥ - $ -
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, 2015 2016 2017 2017 RMB RMB RMB U.S. Dollars Huanghua Heng Da Xiang Tong Manufacture Ltd ¥ 862,782 ¥ 338,862 ¥ - $ - Xiamen Huangsheng Hitek Computer Network Co. Ltd. 797,587 588,894 - - Purchases from related parties ¥ 1,660,369 ¥ 927,756 ¥ - $ -
Schedule of Rent Expense [Table Text Block]	Monthly Rent Monthly Rent Lessee Lessor Rent Period RMB USD Nanjing Recon Yin Shenping July 10, 2014 - March 31, 2018 ¥ 60,000 $ 8,853 BHD Chen Guangqiang January 1, 2015 - December 31, 2017 22,500 3,320 BHD Mr Chen'sfamily member January 1, 2015 - December 31, 2017 47,500 7,009 Recon BJ Yin Shenping July 1, 2016 - June 30, 2018 10,000 1,475

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Jun. 30, 2017
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, 2016 June 30, 2017 June 30, 2017 RMB RMB U.S. Dollars ASSETS Current Assets Cash and cash equivalents ¥ 619,430 ¥ 3,506,540 $ 517,386 Notes receivable 4,660,177 6,112,960 901,960 Trade accounts receivable, net 38,097,626 39,425,911 5,817,245 Purchase advances, net 1,323,305 11,476,000 1,693,270 Other assets 25,584,030 7,450,483 1,099,310 Total current assets ¥ 70,284,568 ¥ 67,971,894 $ 10,029,171 Non-current assets 5,113,193 2,757,404 406,852 Total Assets ¥ 75,397,761 ¥ 70,729,298 $ 10,436,023 LIABILITIES Trade accounts payable ¥ 7,540,430 ¥ 8,352,870 $ 1,232,456 Taxes payable 755,881 684,721 101,030 Other liabilities 19,025,594 16,372,863 2,415,796 Total current liabilities 27,321,905 25,410,454 3,749,282 Total Liabilities ¥ 27,321,905 ¥ 25,410,454 $ 3,749,282

REVENUES GENERATED FROM PRODU44

REVENUES GENERATED FROM PRODUCTION LINES (Tables)	12 Months Ended
	Jun. 30, 2017
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	Revenue generated from production lines are as follows: For the years ended June 30, 2015 2016 2017 2017 RMB RMB RMB U.S. Dollars Automation product and software ¥ 23,434,794 ¥ 26,171,906 ¥ 22,399,066 $ 3,304,956 Equipment and accessories 25,546,159 13,038,562 26,585,924 3,922,720 Waste water treatment products - 2,334,457 10,997,302 1,622,638 Subtotal revenue - Hardware and software- non-related parties 48,980,953 41,544,925 59,982,292 8,850,314 Revenue - Hardware and software - related parties 2,428,173 - - - Service 103,774 1,183,352 72,170 10,649 Total revenue ¥ 51,512,900 ¥ 42,728,277 ¥ 60,054,462 $ 8,860,963

ORGANIZATION AND NATURE OF OP45

ORGANIZATION AND NATURE OF OPERATIONS (Details Textual)	1 Months Ended	12 Months Ended
	Dec. 17, 2015CNY (¥)	Jun. 30, 2017	Aug. 04, 2017CNY (¥)	Aug. 04, 2017USD ($)
Variable Interest Entity, Terms of Arrangements		the Company is able to absorb 90% of net interest or 100% of net loss of those VIEs.
Subsequent Event [Member]
Accumulated Costs			¥ 283,800	$ 41,874
Beijing Bhd Petroleum Technology Co Ltd [Member]
Decommissioning Fund Investments	¥ 4,600,000
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage	51.00%
Gan Su BHD Environmental Technology Co., Ltd [Member]
Capital	¥ 50,000,000
Yumen, Gan Su [Member] | Subsequent Event [Member]
Land Use Right Amount Purchased			¥ 1,322,300	$ 195,104

SIGNIFICANT ACCOUNTING POLICI46

SIGNIFICANT ACCOUNTING POLICIES (Details Textual)	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Line Items]
Foreign Currency Transactions, Description	The translation has been made at the rate of 6.7774 = US$1.00, the approximate exchange rate prevailing on June 30, 2017.
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, Estimated Useful Lives	Shorter of the lease term or the estimated useful life
Production equipment [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years

TRADE ACCOUNTS RECEIVABLE, NE47

TRADE ACCOUNTS RECEIVABLE, NET (Details)		Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Third Party
Accounts Receivable, Net, Current, Total		¥ 39,425,911	$ 5,817,245	¥ 38,097,626
Third Party [Member]
Third Party
Trade accounts receivable		43,691,416	6,446,615	42,665,499
Allowance for doubtful accounts		(4,265,505)	(629,370)	(4,567,873)
Accounts Receivable, Net, Current, Total		39,425,911	5,817,245	38,097,626
Third Party - long-term
Allowance for doubtful accounts		0	0	(246,704)
Accounts Receivable, Net, Noncurrent		0	0	2,220,332
Beijing Yabei Nuoda Science and Technology Co Ltd [Member]
Third Party - long-term
Trade accounts receivable	[1]	¥ 0	$ 0	¥ 2,467,036
[1]	The receivable from 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 was to be collected in three installments during the period from September, 2015 to December, 2017, with each installment of ¥2,467,036 ($364,008). As of June 30, 2017, the Company received the entire balance.

TRADE ACCOUNTS RECEIVABLE, NE48

TRADE ACCOUNTS RECEIVABLE, NET (Details 1)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge to expense	¥ 1,766,286	$ 260,613	¥ 14,475,074	¥ 3,252,868
Third Party [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	4,814,577	710,385	6,356,472
Charge to expense	1,137,238	167,798	1,650,745	19,421
Less: write-off	(1,686,310)	(248,813)	(3,192,640)
Ending balance	¥ 4,265,505	$ 629,370	¥ 4,814,577	¥ 6,356,472

TRADE ACCOUNTS RECEIVABLE, NE49

TRADE ACCOUNTS RECEIVABLE, NET (Details Textual)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)	Jun. 30, 2017USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivables Will Be Collected In Next Twelve Months	¥ 2,467,036				$ 364,008
Provision for Doubtful Accounts	1,766,286	$ 260,613	¥ 14,475,074	¥ 3,252,868
Third Party [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for Doubtful Accounts	¥ 1,137,238	$ 167,798	¥ 1,650,745	¥ 19,421

NOTES RECEIVABLE (Details Textu

NOTES RECEIVABLE (Details Textual)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Net, Current	¥ 6,112,960	$ 901,960	¥ 4,660,177

OTHER RECEIVABLES, NET (Details

OTHER RECEIVABLES, NET (Details) - Third Party [Member]		Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2016USD ($)	Jun. 30, 2015CNY (¥)
Current Portion
Due from ENI	[1]	¥ 0	$ 0	¥ 2,729,033
Loans to third parties	[2]	1,115,720	164,623	14,168,344
Business advances to officers and staffs	[3]	2,999,761	442,611	4,952,114
Deposits for projects		1,189,329	175,484	893,669
Others		307,119	45,316	534,759
Allowance for doubtful accounts		(1,505,419)	(222,123)	(1,277,807)	$ (188,539)	¥ (822,233)
Total		¥ 4,106,510	$ 605,911	¥ 22,000,112
[1]	The remaining part of this loan was repaid over four years with quarterly installments of ¥699,147, which is due by June 30, 2017. As of June 30, 2017, the Company has received full payments under the agreement.
[2]	Loans to third-parties are mainly used for short-term funding to support the Company’s external business partners. These loans are due on demand bearing no interest.
[3]	Business advances to officers and staffs represent advances for business travel and sundry expenses related to oilfield or on-site installation and inspection of products through customer approval and acceptance.

OTHER RECEIVABLES, NET (Detai52

OTHER RECEIVABLES, NET (Details 1)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Other Receivables [Line Items]
Charge to expense	¥ 247,612	$ 36,535	¥ 455,574	¥ 371,217
Third Party [Member]
Other Receivables [Line Items]
Beginning balance	1,277,807	188,539	822,233
Charge to expense	247,612	36,535	455,574
Less: write-off	(20,000)	(2,951)	0
Ending balance	¥ 1,505,419	$ 222,123	¥ 1,277,807	¥ 822,233

OTHER RECEIVABLES, NET (Detai53

OTHER RECEIVABLES, NET (Details Textual)	1 Months Ended	12 Months Ended
	Sep. 30, 2013CNY (¥)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Other Receivables [Line Items]
Loans Receivable Under Installment	¥ 699,147
Provision for Other Credit Losses		¥ 247,612	$ 36,535	¥ 455,574	¥ 371,217

PURCHASE ADVANCES, NET (Details

PURCHASE ADVANCES, NET (Details) - Third Party [Member]	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2016USD ($)	Jun. 30, 2015CNY (¥)
Purchase Advances [Line Items]
Prepayment for inventory purchase	¥ 11,877,790	$ 1,752,553	¥ 17,914,552
Allowance for doubtful accounts	(4,265,505)	(629,370)	(4,814,577)	$ (710,385)	¥ (6,356,472)
Total	¥ 11,476,000	$ 1,693,270	¥ 1,323,305

PURCHASE ADVANCES, NET (Detai55

PURCHASE ADVANCES, NET (Details 1)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Less: write-off	¥ (16,570,893)	$ (2,445,015)	¥ 0
Third Party [Member]
Beginning balance	16,591,247	2,448,018	4,222,492
Charge to expense	381,436	56,280	12,368,755
Ending balance	¥ 401,790	$ 59,283	¥ 16,591,247

PURCHASE ADVANCES, NET (Detai56

PURCHASE ADVANCES, NET (Details Textual)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Purchase Advances [Line Items]
Provision For Advances on Purchases	¥ 381,436	$ 56,280	¥ 12,368,755	¥ 2,862,230

INVENTORIES (Details)

INVENTORIES (Details)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2016USD ($)	Jun. 30, 2015CNY (¥)
Inventory [Line Items]
Small component parts	¥ 55,726	$ 8,222	¥ 55,726
Purchased goods and raw materials	51,617	7,616	61,361
Work in process and goods on site	1,842,411	271,845	3,539,525
Finished goods	4,702,883	693,905	8,054,637
Allowance for slow moving inventory	(4,024,663)	(593,834)	(5,398,179)	$ (796,495)	¥ (7,700,836)
Total inventories, net	¥ 2,627,974	$ 387,754	¥ 6,313,070

INVENTORIES (Details 1)

INVENTORIES (Details 1)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Beginning balance	¥ 5,398,179	$ 796,495	¥ 7,700,836
Charge to cost of sales	0	0	2,428,290
Less: write-off	(1,373,516)	(202,661)	(4,730,947)
Ending balance	¥ 4,024,663	$ 593,834	¥ 5,398,179

INVENTORIES (Details Textual)

INVENTORIES (Details Textual)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Inventory [Line Items]
Provision For Inventories	¥ 0	$ 0	¥ 2,428,288	¥ 7,700,836

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Property, Plant and Equipment [Line Items]
Total property and equipment	¥ 6,172,460	$ 910,740	¥ 5,615,877
Less: Accumulated depreciation and amortization	(3,404,490)	(502,329)	(2,708,115)
Property and equipment, net	2,767,970	408,411	2,907,762
Motor vehicles [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	4,116,847	607,436	3,871,567
Office equipment and fixtures [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	1,139,587	168,145	828,285
Other Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	¥ 916,026	$ 135,159	¥ 916,025

PROPERTY AND EQUIPMENT, NET (61

PROPERTY AND EQUIPMENT, NET (Details Textual)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Property, Plant and Equipment [Line Items]
Depreciation	¥ 856,735	$ 126,410	¥ 955,083	¥ 526,046
Gain (Loss) on Disposition of Property Plant Equipment	¥ 35,919	$ 5,300	¥ 40,688	¥ 193,657

OTHER PAYABLES (Details)

OTHER PAYABLES (Details) - Third Party [Member]	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Other Payables [Line Items]
Service	¥ 1,518,033	$ 223,984	¥ 1,659,505
Distributors and employees	207,005	30,543	245,070
Funds collected on behalf of others	895,022	132,060	895,022
Advances from customers	130,100	19,196	200,600
Accrued expenses	193,274	28,517	261,348
Short-term borrowings due to third parties	300,000	44,265	530,000
Others	408,466	60,269	352,781
Total	¥ 3,651,900	$ 538,834	¥ 4,144,326

OTHER PAYABLES (Details 1)

OTHER PAYABLES (Details 1) - Related Party [Member]	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Other Payables [Line Items]
Expenses paid by the major shareholders	¥ 3,062,709	$ 451,899	¥ 3,144,263
Due to family member of one owner	0	0	285,000
Due to management staff for costs incurred on behalf of Recon	251,310	37,080	250,981
Total	¥ 3,314,019	$ 488,979	¥ 3,680,244

TAXES PAYABLE (Details)

TAXES PAYABLE (Details)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Taxes Payable [Line Items]
VAT payable	¥ 632,831	$ 93,373	¥ 739,260
Income tax payable	43,556	6,427	0
Other taxes payable	8,334	1,230	16,620
Total taxes payable	¥ 684,721	$ 101,030	¥ 755,880

SHORT-TERM BORROWINGS DUE TO 65

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES (Details)		Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		¥ 10,168,008	$ 1,500,277	¥ 12,941,848
Short Term Borrowings One [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		0	0	1,807,207
Short Term Borrowings Two [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		0	0	2,409,610
Short Term Borrowings Three [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		0	0	1,805,180
Short Term Borrowings Four [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		0	0	1,500,000
Short Term Borrowings Five [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		0	0	400,000
Short Term Borrowings Six [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		0	0	2,529,795
Short Term Borrowings Seven [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		0	0	2,490,056
Short Term Borrowing Eight [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	62,692	9,251	0
Short Term Borrowings Nine [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[2]	1,260,165	185,936	0
Short Term Borrowing Ten [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[2]	1,420,223	209,552	0
Short Term Borrowing Eleven [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[3]	722,262	106,569	0
Short Term Borrowing Twelve [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[4]	541,187	79,851	0
Short Term Borrowing Thirteen [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[5]	804,530	118,707	0
Short Term Borrowing Fourteen [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		350,000	51,642	0
Short Term Borrowing Fifteen [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[6]	2,529,428	373,214	0
Short Term Borrowing Sixteen [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[6]	¥ 2,477,521	$ 365,555	¥ 0
[1]	As of August 24, 2017, the short-term borrowing was fully paid back.
[2]	As of August 31, 2017, the short-term borrowing was fully paid back.
[3]	As of September 11, 2017, the short-term borrowing was fully paid back.
[4]	As of September 16, 2017, the short-term borrowing was fully paid back.
[5]	As of September 18, 2017, the short-term borrowing was fully paid back.
[6]	As of September 12, 2017, the short-term borrowing was fully paid back.

SHORT-TERM BORROWINGS DUE TO 66

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES (Details Textual)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Aug. 24, 2017	Aug. 24, 2017
Short Term Borrowings [Member]
Short-term Debt [Line Items]
Interest Expense, Related Party	¥ 548,878	$ 80,986	¥ 487,692	¥ 593,884
Short Term Borrowings One [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Sep. 25, 2016	Sep. 25, 2016
Debt Instrument, Interest Rate Percentage	5.75%	5.75%
Short Term Borrowings Two [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Oct. 10, 2016	Oct. 10, 2016
Debt Instrument, Interest Rate Percentage	5.75%	5.75%
Short Term Borrowings Three [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Nov. 4, 2016	Nov. 4, 2016
Debt Instrument, Interest Rate Percentage	5.43%	5.43%
Short Term Borrowings Four [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Dec. 16, 2016	Dec. 16, 2016
Short Term Borrowings Five [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Dec. 28, 2016	Dec. 28, 2016
Short Term Borrowings Six [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Mar. 10, 2017	Mar. 10, 2017
Debt Instrument, Interest Rate Percentage	5.22%	5.22%
Short Term Borrowings Seven [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	May 6, 2017	May 6, 2017
Debt Instrument, Interest Rate Percentage	5.22%	5.22%
Short Term Borrowings Nine [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Aug. 31, 2017	Aug. 31, 2017
Debt Instrument, Interest Rate Percentage	5.655%	5.655%
Short Term Borrowings Eight [Member]
Short-term Debt [Line Items]
Debt Instrument, Interest Rate Percentage	5.655%	5.655%
Short Term Borrowing Eleven [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Sep. 11, 2017	Sep. 11, 2017
Debt Instrument, Interest Rate Percentage	5.655%	5.655%
Short Term Borrowing Twelve [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Sep. 16, 2017	Sep. 16, 2017
Debt Instrument, Interest Rate Percentage	5.655%	5.655%
Short Term Borrowing Ten [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Aug. 31, 2017	Aug. 31, 2017
Debt Instrument, Interest Rate Percentage	5.655%	5.655%
Short Term Borrowing Thirteen [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Sep. 18, 2017	Sep. 18, 2017
Debt Instrument, Interest Rate Percentage	5.655%	5.655%
Short Term Borrowing Fourteen [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Dec. 31, 2017	Dec. 31, 2017
Short Term Borrowing Fifteen [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	May 10, 2018	May 10, 2018
Debt Instrument, Interest Rate Percentage	5.22%	5.22%
Short Term Borrowing Sixteen [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Jun. 7, 2018	Jun. 7, 2018
Debt Instrument, Interest Rate Percentage	5.22%	5.22%

COMMON STOCK (Details Textual)

COMMON STOCK (Details Textual)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)shares	Jun. 30, 2016USD ($)shares	Jun. 30, 2015CNY (¥)shares	Jun. 30, 2015USD ($)shares	Jun. 30, 2017USD ($)	Jun. 11, 2015$ / sharesshares	Jun. 10, 2015$ / sharesshares	Jun. 09, 2015$ / sharesshares
Equity [Line Items]
Proceeds from Issuance of Common Stock	¥ 0	$ 0	¥ 171,919		¥ 2,392,027
Percentage Transfer Of Profit To Statutory Reserves	10.00%	10.00%
Transfer Of Profit To Statutory Reserves Up to Certain Percentage Of Registered Capital	50.00%	50.00%
Appropriated retained earnings	¥ 4,148,929		4,148,929				$ 612,169
Stock Issued During Period, Value, New Issues			¥ 158,268	$ 23,352	2,392,027	$ 352,941
Securities Purchase Agreement [Member]
Equity [Line Items]
Sale of Stock, Price Per Share | $ / shares								$ 2	$ 2.12	$ 1.64
Proceeds from Issuance of Common Stock					¥ 1,294,922	$ 212,673
Sale of Stock, Number of Shares Issued in Transaction					297,197	297,197
Shares, Issued								5,092	288,105	4,000
Payments of Stock Issuance Costs					¥ 2,392,027	$ 600,000
Stock Offering [Member]
Equity [Line Items]
Stock Issued During Period, Shares, New Issues			15,874	15,874

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - $ / shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Options, Shares, Outstanding at Beginning	815,600	815,600
Stock Options, Shares, Granted	0	0
Stock Options, Shares, Forfeited	0	0
Stock Option, Shares, Exercised	0	0
Stock Options, Shares, Outstanding at Ending	815,600	815,600
Stock Options, Weighted Average Exercise Price Per share, Outstanding at Beginning	$ 3.04	$ 3.04
Stock Options, Weighted Average Exercise Price Per share, Granted	0	0
Stock Options, Weighted Average Exercise Price Per share, Forfeited	0	0
Stock Options, Weighted Average Exercise Price Per share, Exercised	0	0
Stock Options, Weighted Average Exercise Price Per share, Outsatnding at Ending	$ 3.04	$ 3.04

STOCK-BASED COMPENSATION (Det69

STOCK-BASED COMPENSATION (Details 1)	12 Months Ended
	Jun. 30, 2017$ / sharesshares
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 | $ / shares	$ 6
Outstanding Options, Number (in shares)	193,000
Outstanding Options, Average Remaining Contractual life (Years)	2 years 29 days
Exercisable Options, Average Exercise Price | $ / shares	$ 6
Exercisable Options, Number (in shares)	193,000
Exercisable Options, Average Remaining Contractual life (years)	2 years 29 days
Stock Option Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Average Exercise Price | $ / shares	$ 2.96
Outstanding Options, Number (in shares)	222,600
Outstanding Options, Average Remaining Contractual life (Years)	4 years 8 months 26 days
Exercisable Options, Average Exercise Price | $ / shares	$ 2.96
Exercisable Options, Number (in shares)	222,600
Exercisable Options, Average Remaining Contractual life (years)	4 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 | $ / shares	$ 1.65
Outstanding Options, Number (in shares)	400,000
Outstanding Options, Average Remaining Contractual life (Years)	7 years 7 months 2 days
Exercisable Options, Average Exercise Price | $ / shares	$ 1.65
Exercisable Options, Number (in shares)	266,667
Exercisable Options, Average Remaining Contractual life (years)	7 years 7 months 2 days

STOCK-BASED COMPENSATION (Det70

STOCK-BASED COMPENSATION (Details 2) - shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted - Shares	0	0
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, Beginning Balance - Shares	1,076,788	453,575
Granted - Shares	5,466,000	1,160,185
Vested - Shares	(1,617,121)	(536,972)
Non-vested, Ending Balance - Shares	4,925,667	1,076,788

STOCK-BASED COMPENSATION (Det71

STOCK-BASED COMPENSATION (Details Textual)

Apr. 05, 2017USD ($)$ / sharesshares

Dec. 13, 2016shares

Dec. 09, 2016USD ($)$ / shares

Nov. 10, 2016USD ($)$ / sharesshares

Dec. 13, 2013CNY (¥)shares

Jul. 27, 2017shares

Apr. 24, 2017USD ($)shares

Mar. 31, 2017USD ($)$ / sharesshares

Jan. 31, 2017shares

Jan. 23, 2017shares

Oct. 18, 2016shares

Jul. 27, 2016USD ($)$ / sharesshares

Nov. 30, 2015shares

Nov. 19, 2015USD ($)$ / sharesshares

Nov. 16, 2015USD ($)$ / sharesshares

Oct. 18, 2015USD ($)$ / sharesshares

Jan. 31, 2015CNY (¥)¥ / sharesshares

Jan. 31, 2015$ / shares

Jun. 30, 2017CNY (¥)shares

Jun. 30, 2017USD ($)shares

Jun. 30, 2016CNY (¥)shares

Jun. 30, 2015CNY (¥)

Jun. 15, 2017$ / shares

Dec. 13, 2013$ / shares

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

0

0

0

Restricted Stock Closing Price | $ / shares

$ 1.35

Share-Based Compensation

¥ 2,039,446

$ 300,918

¥ 2,096,162

¥ 1,294,629

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | $

$ 4,063,500

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

5,466,000

5,466,000

1,160,185

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares

$ 963,600

Stock or Unit Option Plan Expense

¥ 12,904,723

$ 1,904,076

¥ 3,595,146

1,828,790

Stock Issued During Period, Shares, Issued for Services

876,000

Restricted Stock Closing Price | $ / shares

$ 1.2801

$ 1.10

Stock Issued During Period, Shares, Restricted Stock Award, Gross

800,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares

1,617,121

1,617,121

536,972

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

25,000

Restricted Stock [Member] | Independent Company [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Restricted Stock Closing Price | $ / shares

$ 1.30

$ 0.9121

$ 1.101

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

75,000

Restricted Stock [Member] | July 2016 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

1 year

Restricted Stock [Member] | July 2016 [Member] | Independent Company [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Value, Issued for Services | $

$ 300,993

Restricted Stock [Member] | July 2016 [Member] | Consulting firm [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Issued for Services

250,000

Stock Issued During Period, Value, Issued for Services | $

$ 275,000

Restricted Stock [Member] | November 2015 [Member] | Independent Company [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

3 months

Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period

260,185

Restricted Stock [Member] | November 2016 [Member] | Independent Company [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

3 months

Stock Issued During Period, Shares, Issued for Services

330,000

Restricted Stock [Member] | March 2017 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

2 years

Restricted Stock [Member] | March 2017 [Member] | Consulting firm [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Issued for Services

200,000

Stock Issued During Period, Value, Issued for Services | $

$ 256,020

Restricted Stock [Member] | April 2017 [Member] | Independent Company [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

1 year

Stock Issued During Period, Shares, Issued for Services

300,000

500,000

Stock Issued During Period, Value, Issued for Services | $

$ 390,000

$ 555,050

Restricted Stock For Services [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

1 year 2 months 8 days

1 year 2 months 8 days

Stock or Unit Option Plan Expense

¥ 8,399,240

$ 1,239,298

¥ 2,287,415

1,585,462

Share-Based Compensation

¥ 3,500,000

$ 520,000

Employees And Non Employee Director [Member] | Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Restricted Stock Closing Price | $ / shares

$ 0.88

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | $

$ 704,000

Two Investor Firms [Member] | Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Restricted Stock Closing Price | $ / shares

$ 1.08

Stock Issued During Period, Shares, Restricted Stock Award, Gross

100,000

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | $

$ 108,400

Two Investor Firms [Member] | Restricted Stock [Member] | November 2015 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

4 months

Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period

100,000

Senior Manager [Member] | Restricted Stock [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

1 year 11 months 5 days

1 year 11 months 5 days

Share-Based Compensation

¥ 27,460,000

$ 4,050,000

Management [Member] | Restricted Stock [Member] | July 2016 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

3 years

Management [Member] | Performance Shares [Member] | December 2016 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period

3,010,000

Employees [Member] | Restricted Stock [Member] | October 2015 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

3 years

Mr Yin Shenping [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock Issued During Period, Shares, Restricted Stock Award, Gross

95,181

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

¥ 495,000

Restricted Stock Closing Price | $ / shares

$ 1.65

$ 2.99

Stock Issued During Period, Shares, Restricted Stock Award, Gross

135,181

150,000

Bei Jing Tian Hong Tong Xin Technology Co. Ltd [Member] | Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Restricted Stock Closing Price | $ / shares

$ 0.95

Stock Issued During Period, Shares, Restricted Stock Award, Gross

260,185

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | $

$ 247,176

Strategy Consulting Firm [Member] | Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Restricted Stock Closing Price | $ / shares

$ 1.10

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

7 months 2 days

7 months 2 days

Stock or Unit Option Plan Expense

¥ 2,039,446

$ 300,918

¥ 2,096,162

¥ 1,294,629

Share-Based Compensation

¥ 870,000

$ 130,000

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

Exercise price (per share) | $ / shares

1.65

Share Based Compensation Arrangement By Share Based Payment Award Expiration Date

Jan. 31, 2025

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | (per share)

¥ 10.13

$ 1.65

Share-based Compensation Award, Tranche One [Member] | Restricted Stock [Member] | October 2015 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

3 years

Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period

0

Share-based Compensation Award, Tranche One [Member] | Employees And Non Employee Director [Member] | Restricted Stock [Member] | October 2015 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period

255,334

255,334

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period

19,000

19,000

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number

520,667

520,667

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

266,667

Share-based Compensation Award, Tranche One [Member] | Employees [Member] | Restricted Stock [Member] | July 2016 [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, Nonvested, Number

596,667

596,667

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

298,333

298,333

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

19,000

Share-based Compensation Award, Tranche One [Member] | Employees [Member] | Restricted Stock [Member] | Subsequent Event [Member] | July 2016 [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

292,000

Share-based Compensation Award, Tranche Two [Member] | Management [Member] | Restricted Stock [Member] | January 2015 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares

100,000

Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period

100,000

100,000

0

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number

100,000

100,000

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

100,000

100,000

Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number

100,000

100,000

0

Share-based Compensation Award, Tranche Three [Member] | Management [Member] | Restricted Stock [Member] | December 2013 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period

153,574

153,574

0

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

76,788

Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number

0

0

153,574

INCOME TAX (Details)

INCOME TAX (Details)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Income Taxes [Line Items]
Outside areas	¥ (28,079,918)	$ (4,143,156)	¥ (14,257,066)	¥ (8,872,589)
China	(2,815,983)	(415,496)	(26,079,666)	(25,135,874)
Total	¥ (30,895,901)	$ (4,558,652)	¥ (40,336,732)	¥ (34,008,463)

INCOME TAX (Details 1)

INCOME TAX (Details 1)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Income Taxes [Line Items]
Allowance for doubtful receivables	¥ 925,907	$ 136,617	¥ 1,958,120
Net operating loss carryforwards	3,425,411	505,415	1,790,615
Less: Valuation allowance	(4,351,318)	(642,032)	(3,748,735)
Total deferred income tax assets	¥ 0	$ 0	¥ 0

INCOME TAX (Details 2)

INCOME TAX (Details 2)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Income tax calculated at statutory rates	¥ (580,551)	$ (85,660)	¥ (6,230,384)	¥ (6,108,744)
Nondeductible expenses (non-taxable income)	93,709	13,827	1,774,956	5,335,231
Benefit of favorable rate for high-technology companies	232,221	34,264	2,492,154	385,650
Benefit of revenue exempted from enterprise income tax	(19,919)	(2,939)	(43,363)	(190,614)
Change in valuation allowances	602,583	88,910	3,748,735	137,683
Over-accrued tax of prior years	(20,143)	(2,972)	(1,196,253)	(2,111,281)
Provision (benefit) for income tax	¥ 307,900	$ 45,430	¥ 545,845	¥ (2,552,075)

INCOME TAX (Details 3)

INCOME TAX (Details 3)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Income Taxes [Line Items]
Current income tax provision (benefit)	¥ 307,900	$ 45,430	¥ 0	¥ (2,019,938)
Adjust over accrued tax of prior years	0		(1,196,253)	0
Deferred income taxes provision (benefit)	0	0	1,742,098	(532,137)
Expense (benefit) for income tax	¥ 307,900	$ 45,430	¥ 545,845	¥ (2,552,075)

INCOME TAX (Details Textual)

INCOME TAX (Details Textual)	12 Months Ended
	Jun. 30, 2017
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	25.00%
Nanjing Recon Technology Co Ltd [Member]
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	15.00%
Beijing Bhd Petroleum Technology Co Ltd [Member]
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	15.00%

NON-CONTROLLING INTEREST (Detai

NON-CONTROLLING INTEREST (Details)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2016USD ($)
Noncontrolling Interest [Line Items]
Paid-in capital	¥ 123,436,043	$ 18,212,837	¥ 100,612,455
Accumulated other comprehensive loss	(249,156)	(36,762)	(219,040)
Total non-controlling interest	8,464,843	1,248,977	8,223,497
Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	1,851,000	273,113	1,851,000	$ 278,583
Unappropriated retained earnings	6,644,546	980,395	6,403,200	963,709
Accumulated other comprehensive loss	(30,703)	(4,531)	(30,703)	(4,621)
Total non-controlling interest	8,464,843	$ 1,248,977	8,223,497	$ 1,237,671
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)		(18,850)
Total non-controlling interest	4,784,837		4,784,837
Nanjing Recon [Member] | Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	200,000		200,000
Unappropriated retained earnings	3,491,859		3,250,513
Accumulated other comprehensive loss	(11,853)		(11,853)
Total non-controlling interest	¥ 3,680,006		¥ 3,438,660

CONCENTRATIONS (Details Textual

CONCENTRATIONS (Details Textual)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Supplier One [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			18.00%
Supplier Two [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		49.00%
Supplier Three [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	43.00%
Four Customers Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			11.00%
Four Customers Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			89.00%
Three Customers Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			14.00%
Three Customers Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	80.00%
Two Suppliers Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			73.00%
Three Suppliers Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	61.00%	67.00%
One Customer Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	72.00%	75.00%	43.00%
Two Customers Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10.00%		15.00%
Two Customers Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		81.00%

COMMITMENTS AND CONTINGENCY (De

COMMITMENTS AND CONTINGENCY (Details) - Jun. 30, 2017	CNY (¥)	USD ($)
Commitment and Contingencies [Line Items]
2,018	¥ 1,800,000	$ 265,588
2,019	716,000	105,645
2,020	716,000	105,645
Total	¥ 3,232,000	$ 476,878

COMMITMENTS AND CONTINGENCY (80

COMMITMENTS AND CONTINGENCY (Details Textual)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Commitment and Contingencies [Line Items]
Operating Leases, Rent Expense	¥ 1,664,128	$ 245,540	¥ 1,323,170	¥ 1,325,780
Severance Costs	¥ 1,700,000	$ 250,000

RELATED PARTY TRANSACTIONS AN81

RELATED PARTY TRANSACTIONS AND BALANCES (Details)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Related Party Transaction [Line Items]
Revenues from related parties	¥ 0	$ 0	¥ 0	¥ 2,428,173
Xiamen Henda Hitek Computer Network Co. Ltd [Member]
Related Party Transaction [Line Items]
Revenues from related parties	0	0	0	1,676,036
Xiamen Huangsheng Hitek Computer Network Co. Ltd [Member]
Related Party Transaction [Line Items]
Revenues from related parties	¥ 0	$ 0	¥ 0	¥ 752,137

RELATED PARTY TRANSACTIONS AN82

RELATED PARTY TRANSACTIONS AND BALANCES (Details 1)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Related Party Transaction [Line Items]
Purchases from related parties	¥ 0	$ 0	¥ 927,756	¥ 1,660,369
Huanghua Heng Da Xiang Tong Manufacture Ltd [Member]
Related Party Transaction [Line Items]
Purchases from related parties	0	0	338,862	862,782
Xiamen Huangsheng Hitek Computer Network Co. Ltd. [Member]
Related Party Transaction [Line Items]
Purchases from related parties	¥ 0	$ 0	¥ 588,894	¥ 797,587

RELATED PARTY TRANSACTIONS AN83

RELATED PARTY TRANSACTIONS AND BALANCES (Details 2)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Operating Leases, Rent Expense	¥ 1,664,128	$ 245,540	¥ 1,323,170	¥ 1,325,780
Monthly Payment [Member]
Operating Leases, Rent Expense	¥ 1,680,000	$ 0.25
Yin Shenping [Member] | Nanjing Recon [Member]
Lessee, Operating Lease, Period of Contract	July 10, 2014 - March 31, 2018	July 10, 2014 - March 31, 2018
Yin Shenping [Member] | Nanjing Recon [Member] | Monthly Payment [Member]
Operating Leases, Rent Expense	¥ 60,000	$ 8,853
Yin Shenping [Member] | Recon BJ [Member]
Lessee, Operating Lease, Period of Contract	July 1, 2016 - June 30, 2018	July 1, 2016 - June 30, 2018
Yin Shenping [Member] | Recon BJ [Member] | Monthly Payment [Member]
Operating Leases, Rent Expense	¥ 10,000	$ 1,475
Chen Guangqiang [Member] | Bhd [Member]
Lessee, Operating Lease, Period of Contract	January 1, 2015 - December 31, 2017	January 1, 2015 - December 31, 2017
Chen Guangqiang [Member] | Bhd [Member] | Monthly Payment [Member]
Operating Leases, Rent Expense	¥ 22,500	$ 3,320
Mr Chen Family Member [Member] | Bhd [Member]
Lessee, Operating Lease, Period of Contract	January 1, 2015 - December 31, 2017	January 1, 2015 - December 31, 2017
Mr Chen Family Member [Member] | Bhd [Member] | Monthly Payment [Member]
Operating Leases, Rent Expense	¥ 47,500	$ 7,009

RELATED PARTY TRANSACTIONS AN84

RELATED PARTY TRANSACTIONS AND BALANCES (Details Textual)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)	Jun. 30, 2017USD ($)
Related Party Transaction [Line Items]
Operating Leases, Rent Expense	¥ 1,664,128	$ 245,540	¥ 1,323,170	¥ 1,325,780
Expenses Paid By Related Party	3,062,709		3,144,263		$ 451,899
Monthly Payment [Member]
Related Party Transaction [Line Items]
Operating Leases, Rent Expense	1,680,000	$ 0.25
Related Party [Member]
Related Party Transaction [Line Items]
Short-term borrowings- related parties	10,168,008		¥ 12,941,848		$ 1,500,277
Related Party [Member] | Monthly Payment [Member]
Related Party Transaction [Line Items]
Operating Leases, Rent Expense	¥ 140,000

VARIABLE INTEREST ENTITIES (Det

VARIABLE INTEREST ENTITIES (Details)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2016USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014CNY (¥)
Current Assets
Cash and cash equivalents	¥ 3,809,279	$ 562,054	¥ 1,817,620	$ 268,188	¥ 12,344,929	¥ 18,094,586
Notes receivable	6,112,960	901,960	4,660,177
Trade accounts receivable, net	39,425,911	5,817,245	38,097,626
Total current assets	68,387,075	10,090,429	74,322,220
Total Assets	71,155,045	10,498,840	79,450,314
LIABILITIES
Trade accounts payable	8,352,870	1,232,456	7,540,430
Taxes payable	684,721	101,030	755,880
Total current liabilities	29,445,757	4,344,686	29,850,518
Variable Interest Entity, Primary Beneficiary [Member]
Current Assets
Cash and cash equivalents	3,506,540	517,386	619,430
Notes receivable	6,112,960	901,960	4,660,177
Trade accounts receivable, net	39,425,911	5,817,245	38,097,626
Purchase advances, net	11,476,000	1,693,270	1,323,305
Other assets	7,450,483	1,099,310	25,584,030
Total current assets	67,971,894	10,029,171	70,284,568
Non-current assets	2,757,404	406,852	5,113,193
Total Assets	70,729,298	10,436,023	75,397,761
LIABILITIES
Trade accounts payable	8,352,870	1,232,456	7,540,430
Taxes payable	684,721	101,030	755,881
Other liabilities	16,372,863	2,415,796	19,025,594
Total current liabilities	25,410,454	3,749,282	27,321,905
Total Liabilities	¥ 25,410,454	$ 3,749,282	¥ 27,321,905

VARIABLE INTEREST ENTITIES (D86

VARIABLE INTEREST ENTITIES (Details Textual)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Variable Interest Entity [Line Items]
Revenues	¥ 60,054,462	$ 8,860,963	¥ 42,728,277	¥ 51,512,900
Operating expenses	46,574,986	6,872,082	47,158,012	45,628,406
Net income (loss)	(31,445,147)	(4,639,692)	(40,882,577)	(31,456,388)
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Revenues	60,054,462	8,860,963	42,728,277	51,512,900
Operating expenses	18,074,743	2,666,906	31,590,843	34,257,359
Net income (loss)	¥ (2,757,013)	$ (406,794)	¥ (25,481,256)	¥ (21,882,903)

REVENUES GENERATED FROM PRODU87

REVENUES GENERATED FROM PRODUCTION LINES (Details)	12 Months Ended
	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Disaggregation of Revenue [Line Items]
Revenue	¥ 60,054,462	$ 8,860,963	¥ 42,728,277	¥ 51,512,900
Hardware and software [Member]
Disaggregation of Revenue [Line Items]
Revenue	59,982,292	8,850,314	41,544,925	48,980,953
Related Party Member [Member] | Hardware and software [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	2,428,173
Non-Related Party [Member] | Hardware and software [Member]
Disaggregation of Revenue [Line Items]
Revenue	59,982,292	8,850,314	41,544,925	48,980,953
Automation product and software [Member]
Disaggregation of Revenue [Line Items]
Revenue	22,399,066	3,304,956	26,171,906	23,434,794
Equipment and accessories [Member]
Disaggregation of Revenue [Line Items]
Revenue	26,585,924	3,922,720	13,038,562	25,546,159
Waste water treatment products [Member]
Disaggregation of Revenue [Line Items]
Revenue	10,997,302	1,622,638	2,334,457	0
Services [Member]
Disaggregation of Revenue [Line Items]
Revenue	¥ 72,170	$ 10,649	¥ 1,183,352	¥ 103,774

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual)

Aug. 15, 2017CNY (¥)

Aug. 12, 2017USD ($)$ / sharesshares

Jul. 05, 2017CNY (¥)

Jul. 05, 2017USD ($)

Aug. 31, 2017CNY (¥)

Aug. 31, 2017USD ($)

Aug. 25, 2017CNY (¥)

Aug. 22, 2017CNY (¥)

Aug. 17, 2017CNY (¥)

Jul. 26, 2017CNY (¥)

Jul. 26, 2017USD ($)

Jun. 30, 2017

Sep. 24, 2017CNY (¥)

Sep. 24, 2017USD ($)

Aug. 25, 2017USD ($)

Aug. 22, 2017USD ($)

Aug. 17, 2017USD ($)

Aug. 15, 2017USD ($)

Subsequent Event [Line Items]

Debt Instrument, Maturity Date

Aug. 24, 2017

Subsequent Event [Member]

Subsequent Event [Line Items]

Proceeds from Related Party Debt

¥ 210,000

$ 30,985

¥ 2,100,000

$ 309,852

¥ 800,000

$ 118,039

Subsequent Event [Member] | Notes Payable, Other Payables [Member]

Subsequent Event [Line Items]

Debt Instrument, Face Amount

¥ 3,000,000

¥ 1,000,000

¥ 600,000

$ 147,549

$ 88,529

$ 442,646

Debt Instrument, Maturity Date

Aug. 14, 2018

Aug. 21, 2018

Aug. 16, 2018

Subsequent Event [Member] | Related Party [Member] | Notes Payable, Other Payables [Member]

Subsequent Event [Line Items]

Debt Instrument, Interest Rate, Stated Percentage

5.65%

5.65%

Debt Instrument, Face Amount

¥ 2,000,000

$ 295,098

Debt Instrument, Maturity Date

Sep. 24, 2017

Debt Instrument, Repaid Amount

¥ 2,000,000

$ 295,098

Debt Instrument, Repaid Interest Amount

¥ 9,739

$ 1,437

Subsequent Event [Member] | Management [Member]

Subsequent Event [Line Items]

Stock Issued During Period, Shares, Issued for Services | shares

219,381

Management Fee Payable | $

$ 232,545

Shares Issued, Price Per Share | $ / shares

$ 1.06