Recon Technology (RCON) 20-F 28 Sep 18 2018 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Jun. 30, 2018shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
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	18,380,349

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Current assets
Cash	¥ 45,340,578	$ 6,849,237	¥ 3,809,279
Notes receivable	3,995,962	603,638	6,112,960
Trade accounts receivable, net	24,254,007	3,663,858	39,425,911
Inventories, net	6,758,841	1,021,004	2,627,974
Other receivables, net	7,320,953	1,105,918	4,106,510
Purchase advances, net	12,654,546	1,911,621	11,476,000
Prepaid expenses	509,682	76,994	828,441
Total current assets	100,834,569	15,232,270	68,387,075
Property and equipment, net	3,171,109	479,034	2,767,970
Construction in progress	11,779,784	1,779,477	0
Land use right, net	1,335,126	201,687	0
Long-term trade accounts receivable, net	4,212,829	636,398	0
Prepayments for construction in progress	474,100	71,618	0
Total Assets	121,807,517	18,400,484	71,155,045
Current liabilities
Trade accounts payable	8,754,347	1,322,449	8,352,870
Other payables	3,170,670	478,969	3,351,900
Deferred revenue	85,140	12,861	1,259,725
Accrued payroll and employees' welfare	600,434	90,703	2,014,514
Taxes payable	431,913	65,246	684,721
Short-term borrowings	0	0	300,000
Total Current Liabilities	25,991,921	3,926,393	29,445,757
Total Liabilities	34,935,755	5,277,466	29,445,757
Commitments and Contingencies
Equity
Ordinary shares, ($ 0.0185 U.S. dollar par value, 100,000,000 shares authorized; 18,380,349 shares and 9,902,914 shares issued and outstanding as of June 30, 2018 and June 30, 2017, respectively)	2,279,510	344,347	1,261,288
Additional paid-in capital	207,490,280	31,343,890	123,436,043
Statutory reserve	4,148,929	626,745	4,148,929
Accumulated deficit	(139,424,980)	(21,061,812)	(95,352,659)
Accumulated other comprehensive gain (loss)	1,516,093	229,024	(249,156)
Total stockholders' equity	76,009,832	11,482,194	33,244,445
Non-controlling interests	10,861,930	1,640,824	8,464,843
Total equity	86,871,762	13,123,018	41,709,288
Total Liabilities and Equity	121,807,517	18,400,484	71,155,045
Related Party [Member]
Current liabilities
Other payables	3,211,457	485,129	3,314,019
Short-term borrowings	9,018,065	1,362,287	10,168,008
Long-term borrowings - related party - current portion	719,895	108,749	0
Long-term borrowings - related party	¥ 8,943,834	$ 1,351,073	¥ 0

CONSOLIDATED BALANCE SHEETS _Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares	Jun. 30, 2018	Jun. 30, 2017
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	18,380,349	9,902,914
Common shares, shares outstanding	18,380,349	9,902,914

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS	12 Months Ended
	Jun. 30, 2018CNY (¥)¥ / sharesshares	Jun. 30, 2018USD ($)$ / sharesshares	Jun. 30, 2017CNY (¥)¥ / sharesshares	Jun. 30, 2017USD ($)shares	Jun. 30, 2016CNY (¥)¥ / sharesshares	Jun. 30, 2016USD ($)shares
Revenues	¥ 84,712,046	$ 12,796,768	¥ 60,054,462		¥ 42,728,277
Cost of revenues and related tax	80,561,861	12,169,833	44,090,960		35,481,394
Gross profit	4,150,185	626,935	15,963,502		7,246,883
Selling and distribution expenses	8,013,353	1,210,513	4,458,218		5,630,715
General and administrative expenses	34,687,317	5,239,934	32,751,142		20,195,701
Provision for (net recovery of) doubtful accounts	(841,242)	(127,080)	1,766,286		14,475,074
Research and development expenses	3,215,653	485,763	7,599,340		6,856,522
Operating expenses	45,075,081	6,809,130	46,574,986		47,158,012
Loss from operations	(40,924,896)	(6,182,195)	(30,611,484)		(39,911,129)
Other income (expenses)
Subsidy income	371,650	56,142	132,791		289,087
Interest income	68,028	10,276	73,990		183,553
Interest expense	(897,521)	(135,581)	(548,878)		(903,368)
Loss from investment in unconsolidated entity	(4,037,736)	(609,948)	0	$ 0	0
Foreign exchange transaction gain (loss)	(4,068)	(615)	21,502		7,570
Other income (expense)	65,539	9,900	36,178		(2,445)
Other expense, net	(4,434,108)	(669,826)	(284,417)		(425,603)
Loss before income tax	(45,359,004)	(6,852,021)	(30,895,901)		(40,336,732)
Income tax expenses	16,230	2,452	307,900		545,845
Net loss	(45,375,234)	(6,854,473)	(31,203,801)	(4,713,708)	(40,882,577)	$ (6,175,802)
Less: Net income (loss) attributable to non-controlling interests	(1,302,913)	(196,821)	241,346		0
Net loss attributable to Recon Technology, Ltd	(44,072,321)	(6,657,652)	(31,445,147)		(40,882,577)
Comprehensive loss
Net loss	(45,375,234)	(6,854,473)	(31,203,801)	$ (4,713,708)	(40,882,577)	$ (6,175,802)
Foreign currency translation adjustment	1,765,249	266,662	(30,116)		98,511
Comprehensive loss	(43,609,985)	(6,587,811)	(31,233,917)		(40,784,066)
Less: Comprehensive income (loss) attributable to non-controlling interests	(1,302,913)	(196,821)	241,346		0
Comprehensive loss attributable to Recon Technology, Ltd	¥ (42,307,072)	$ (6,390,990)	¥ (31,475,263)		¥ (40,784,066)
Loss per ordinary share - basic and diluted | (per share)	¥ (3.84)	$ (0.58)	¥ (4.90)		¥ (7.23)
Weighted - average shares -basic and diluted	11,483,464	11,483,464	6,417,305	6,417,305	5,653,149	5,653,149

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY	CNY (¥)	USD ($)	Ordinary Shares [Member]CNY (¥)shares	Additional Paid-in Capital [Member]CNY (¥)	Statutory Reserves [Member]CNY (¥)	Accumulated deficit [Member]CNY (¥)	Accumulated Other Comprehensive income (loss) [Member]CNY (¥)	Non-controlling Interest [Member]CNY (¥)	Stockholders' Equity [Member]CNY (¥)
Opening Balance at Jun. 30, 2015	¥ 82,268,844	$ 12,427,690	¥ 697,217	¥ 92,541,687	¥ 4,148,929	¥ (23,024,935)	¥ (317,551)	¥ 8,223,497	¥ 74,045,347
Opening Balance (in shares) at Jun. 30, 2015			5,427,946
Restricted shares issued for services	2,265,442	342,222	¥ 42,454	2,222,988					2,265,442
Restricted shares issued for services (in shares)			360,185
Issuance of ordinary shares, net of issuance costs	158,268	23,908	¥ 1,796	156,472	0				158,268
Issuance of ordinary shares, net of issuance costs (in shares)			15,874
Stock based payment	5,691,308	859,740		5,691,308					5,691,308
Net loss for the year	(40,882,577)	(6,175,802)				(40,882,577)			(40,882,577)
Foreign currency translation adjustment	98,511	14,884					98,511		98,511
Ending Balance at Jun. 30, 2016	49,599,796	7,492,642	¥ 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	1,268,806	¥ 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	1,949,413	¥ 447,486	12,457,237					12,904,723
Restricted shares issued for management (in shares)			3,518,909
Stock based payment	2,039,446	308,083		2,039,446					2,039,446
Net loss for the year	(31,203,801)	(4,713,708)				(31,445,147)		241,346	(31,445,147)
Foreign currency translation adjustment	(30,116)	(4,549)					(30,116)		(30,116)
Ending Balance at Jun. 30, 2017	41,709,288	6,300,687	¥ 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
Capital contribution in NCI	3,700,000	558,929						3,700,000
Restricted shares issued for services	3,050,896	460,874	¥ 112,321	2,938,575					3,050,896
Restricted shares issued for services (in shares)			900,000
Issuance of ordinary shares, net of issuance costs	65,004,531	9,819,712	¥ 785,871	64,218,660					65,004,531
Issuance of ordinary shares, net of issuance costs (in shares)			6,592,500
Shares issued for unpaid salary to management	1,554,908	234,888	¥ 27,137	1,527,771					1,554,908
Shares issued for unpaid salary to management (in shares)			221,268
Restricted shares issued for management	14,621,838	2,208,804	¥ 92,893	14,528,945					14,621,838
Restricted shares issued for management (in shares)			763,667
Stock based payment	840,286	126,935		840,286					840,286
Net loss for the year	(45,375,234)	(6,854,473)				(44,072,321)		(1,302,913)	(44,072,321)
Foreign currency translation adjustment	1,765,249	266,662					1,765,249		1,765,249
Ending Balance at Jun. 30, 2018	¥ 86,871,762	$ 13,123,018	¥ 2,279,510	¥ 207,490,280	¥ 4,148,929	¥ (139,424,980)	¥ 1,516,093	¥ 10,861,930	¥ 76,009,832
Ending Balance (in shares) at Jun. 30, 2018			18,380,349

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Cash flows from operating activities:
Net loss	¥ 45,375,234	$ 6,854,473	¥ 31,203,801	¥ 40,882,577
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	1,119,049	169,046	856,735	955,083
Gain from disposal of equipment	(78,285)	(11,826)	(35,919)	(40,688)
Provision for (net recovery of) doubtful accounts	(841,242)	(127,080)	1,766,286	14,475,074
Provision for slow moving inventories	65,245	9,856	0	2,428,288
Share based compensation	840,286	126,935	2,039,446	2,096,162
Restricted shares issued for management	14,621,838	2,208,804	12,904,723	3,595,146
Loss from investment in unconsolidated entity	4,037,736	609,948	0	0
Deferred tax provision	0	0	0	1,742,098
Restricted shares issued for services	3,050,896	460,874	8,399,240	2,287,415
Income tax benefit	0	0	0	(1,196,253)
Changes in operating assets and liabilities:
Notes receivable	2,116,998	319,798	(1,452,783)	(454,647)
Trade accounts receivable, net	11,972,175	1,808,540	(245,190)	14,658,360
Inventories, net	(4,196,110)	(633,873)	3,597,832	1,191,811
Other receivable, net	(3,241,846)	(489,720)	17,632,104	(1,775,659)
Purchase advance, net	(1,241,102)	(187,483)	(10,534,132)	4,930,479
Prepaid expense	318,759	48,152	(718,130)	716,004
Trade accounts payable	(2,706,304)	(408,820)	812,440	(9,615,363)
Other payables	(151,751)	(22,924)	(189,302)	712,525
Deferred revenue	(1,174,585)	(177,435)	853,044	(1,878,848)
Accrued payroll and employees' welfare	140,828	21,274	1,633,405	134,320
Taxes payable	(269,358)	(40,690)	(78,700)	790,199
Net cash provided by (used in) operating activities	(21,094,570)	(3,186,590)	5,671,073	(285,674)
Cash flows from investing activities:
Investment in unconsolidated entity	(4,037,736)	(609,948)	0	0
Purchases of property and equipment	(1,503,410)	(227,108)	(638,119)	(181,075)
Proceeds from disposal of equipment	32,000	4,834	51,900	60,000
Payments for land use right	(1,361,969)	(205,742)	0	0
Payments and prepayments for construction in progress	(9,157,103)	(1,383,290)	0	0
Net cash used in investing activities	(16,028,218)	(2,421,254)	(586,219)	(121,075)
Cash flows from financing activities:
Proceeds from short-term bank loans	45,000	6,798	0	500,000
Repayments of short-term bank loans	(45,000)	(6,798)	0	(7,500,000)
Proceeds from short-term borrowings	4,600,000	694,885	1,100,000	530,000
Repayments of short-term borrowings	(4,900,000)	(740,204)	(1,330,000)	0
Proceeds from sale of ordinary shares, net of issuance costs	65,004,531	9,819,712	0	171,919
Capital contribution by noncontrolling shareholders	3,700,000	558,929	0	0
Net cash provided by (used in) financing activities	76,888,838	11,614,979	(3,076,964)	(10,183,446)
Effect of exchange rate fluctuation on cash	1,765,249	266,662	(16,231)	62,886
Net increase (decrease) in cash	41,531,299	6,273,797	1,991,659	(10,527,309)
Cash at beginning of year	3,809,279	575,437	1,817,620	12,344,929
Cash at end of year	45,340,578	6,849,237	3,809,279	1,817,620
Supplemental cash flow information
Cash paid during the year for interest	868,042	131,128	571,037	903,368
Cash paid (received) during the year for taxes	(22,671)	(3,425)	284,487	142,477
Non-cash investing and financing activities
Shares issued to settle salary payable	1,554,908	234,887	0	0
AR and short-term borrowings-related parties offset	0	0	0	200,000
Inventories used for fixed assets	0	0	0	1,025,410
Payable for Construction in Progress	3,096,781	467,806	0	0
Non-cash payment for property and equipment purchase	0	0	87,265	0
Issuance of unvested ordinary shares to senior managers	0	0	55,685	0
Receivable for disposal of property and equipment	81,900	12,372	0	0
Related Party [Member]
Changes in operating assets and liabilities:
Trade accounts receivable, net	0	0	0	1,090,453
Other receivable, net	0	0	0	91,021
Purchase advance, net	0	0	0	1,374,034
Prepaid expense	0	0	0	420,000
Other payables	(102,563)	(15,493)	(366,225)	1,869,889
Cash flows from financing activities:
Proceeds from short-term borrowings	20,188,318	3,049,687	13,103,718	12,895,400
Repayments of short-term borrowings	(21,332,036)	(3,222,459)	(15,950,682)	(16,780,765)
Proceeds from long-term borrowings-related party	10,000,000	1,510,620	0	0
Repayments of long-term borrowings-related party	¥ (371,975)	$ (56,191)	¥ 0	¥ 0

ORGANIZATION AND NATURE OF OPER

ORGANIZATION AND NATURE OF OPERATIONS	12 Months Ended
	Jun. 30, 2018
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 its VIEs, and Equity Interest Pledge Agreements and Exclusive Equity Interest Purchase Agreements with their shareholders. Through these contractual arrangements, the Company has the ability to substantially influence each of the Domestic Companies’ daily operations and financial affairs, appoint their senior executives and approve all matters requiring shareholder approval. As a result of these contractual arrangements, which enable the Company to control the Domestic Companies, the Company is considered as the primary beneficiary of each Domestic Company. Thus, the Company is able to absorb 90% of net interest or 100% of net loss of those VIEs. On 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. As of this report, BHD invested a total of ¥9.3 million in Gan Su BHD Environmental Technology Co., Ltd (“Gan Su BHD”). Gan Su BHD was established on May 23, 2017, with registered capital of ¥50 million. The paid in capital was ¥12,780,000 ($1,930,572) as of June 30, 2018. Based on its revised chapter dated August 11, 2017, BHD owns an interest of 51% of Gan Su BHD, which is focusing on oilfield sewage treatment and oily sludge disposal projects. As of this report, BHD invested a total of ¥2.3 million in Qing Hai BHD New Energy Technology Co., Ltd. (“ Qinghai BHD ”). Qinghai BHD was established on October 16, 2017, with registered capital of ¥50 million. The paid in capital was ¥2,450,000 ($370,102) including ¥2,250,000 ($339,889) contributed by BHD as of June 30, 2018. BHD owns an interest of 55% of Qinghai BHD , which is focusing on design and production and sales of solar energy eating furnaces. Nature of Operations

LIQUIDITY

LIQUIDITY	12 Months Ended
	Jun. 30, 2018
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 years ended June 30, 2016, 2017 and 2018. 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, 2018
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 3. SIGNIFICANT ACCOUNTING POLICIES Basis of presentation - Principles of Consolidation - Variable Interest Entities - Assets recognized as a result of consolidating VIEs do not represent additional assets that could be used to satisfy claims against the Company’s general assets. Conversely, liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company’s general assets; rather, they represent claims against the specific assets of the consolidated VIEs. Currency Translation Estimates and assumptions The key assumptions underlying the Company’s accounting for material arrangements and the reasonably likely material effects of resolving any uncertainties on the Company’s allowance for doubtful accounts related to purchase advances. The production of the Company’s products requires custom-made equipment from its suppliers. To ensure that it can secure the required customized equipment, the Company often needs to make full prepayment for its intended purchases. As a standard practice in the petroleum extraction industry, the Company generally must submit a bid in order to secure the sales contract. The bidding process generally takes between one month to one year and the timing depends on the size of the overall project, which timing and size are generally controlled by its client. In order to secure timely purchase delivery and to meet its product delivery schedule, the Company normally prepays for the purchase advances if the Company believes that it is more than likely to win the bid for the sales contract. After winning the bid and securing the sale contract, the Company normally needs to deliver its products approximately within one week to six months. Based on the Company’s historical experience, the Company generally is able to realize its purchase advances on the customized equipment that it orders. If the Company does not secure the sales contract after making prepayment, its seeks to negotiate with its suppliers for them either to refund the purchase advances or issue credits for the Company to purchase similar products with similar models with its future contracts. If the Company determines that its suppliers are unlikely to refund or credit for future purchases or if it is unlikely to secure projects to use those products in the foreseeable future, the Company provides a 100% allowance on the specific advances. Currently, only pre-contract cost under Purchase advance are under such rick of cancelation or rick mention above. As of June 30, 2018, the Company has approximately ¥1,508,491 ($227,876) of purchase advances that are still pending of securing sales contract bid, of which t ¥98,500 ($14,880) will not be realizable and have accordingly provided an allowance. The balance of ¥98,500 ($14,880) of such allowance remains outstanding at June 30, 2018 as it has not yet exceeded two years in aging or otherwise been deemed uncollectible. Fair Values of Financial Instruments The three levels of inputs are defined as follows: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable. 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. The fair value of long-term receivables is determined using a present value technique by discounting the future expected contractual cash flows using current rates at which similar instruments would be issued at the measurement date. Trade Accounts and Other Receivables Notes Receivable Purchase Advances - Pre-Contract Costs The Company evaluates its purchase advances on a semi-annually basis. If it expects to receive its customized equipment within one year, the purchase advances are classified as current assets. If it does not expect to utilize the purchase advances within one year, the purchase advances will be classified as long-term assets. As of June 30, 2017, and 2018, the Company expected to receive its purchased advances, net of allowance, within one year. - Contract Costs - Prepayments for Others The Company has three types of purchase advances, capitalized pre-contract costs, capitalized contract costs and prepayment for others. (a) Capitalized pre-contract costs are the amounts paid to suppliers for purchases of customized equipment in anticipation of obtaining planned contracts for the Company’s sales and these advances are considered as pre-contract costs. As of June 30, 2018, approximately ¥1.5 million ($0.2 million) pre-contract costs were paid to the Company’s suppliers as compared to approximately ¥0.2 million at June 30, 2017. The change in purchase advances is mainly due to the change in the Company’s anticipation of securing new sales contacts and to secure the materials for its timely performance under such contracts. The production of the Company’s product required customized equipment from suppliers. To ensure the Company can secure the required customized equipment, the Company would need to make full prepayment for the intended purchases. As a standard practice in the petroleum extraction industry, the Company generally must submit a bid to secure the sales contract. The bidding process generally takes between one month to one year and the timing depends on the size of the overall project, which timing and size are generally controlled by the Company’s client. To secure timely purchase delivery and to meet the product delivery schedule, the Company normally would prepay for the purchase advances if the Company believes that it is more than likely to win the bid for the sales contract. After winning the bid and the sale contract is secured, the Company normally needs to its products approximately within one week to six months. Based on historical experience, the Company is generally able to realize its purchase advances on the customized equipment that it ordered. If the Company does not secure the sales contract after making prepayment, it seeks to negotiate with its suppliers for them either to issue refund of the purchase advances or issue credits for it to purchase similar products with similar models with its future contracts. If the Company determines that its suppliers are unlikely to refund or credit for future purchases or if it is unlikely to secure projects to use those products in the foreseeable future, it provides a 100% allowance on the improbable recovery amounts. (b) Capitalized contract costs are the amounts paid to the suppliers for purchases of customized equipment to secure the Company’s executed sale contracts. As of June 30, 2018, the Company paid approximately ¥4.2 million ($0.6 million) purchase advances to the Company’s suppliers as compared to approximately ¥4.6 million at June 30, 2017. Based on the Company’s historical experience, it is generally able to realize and not reserve its purchase advances on the customized equipment that it ordered. (c) Besides, the Company also has prepayment for others business activities, such as standard raw materials, supplies and services. As of June 30, 2018, the Company prepaid approximately ¥7.4 million ($1.1 million) purchase advances to its suppliers as compared to approximately ¥7.1 million at June 30, 2017. Usually, this type of prepayments will be expensed when those products or services have been rendered or consumed. While in some rare circumstances, the prepayment may also under some uncertainties when its initial requirements change. The Company will try to negotiate with vendors to collect the fund back or make new arrangement to avoid major loss. Inventories Property and Equipment Items Useful life Motor vehicles 5-10 years Office equipment 2-5 years Production equipment 10 years Land Use Rights Long-Lived Assets Long-term investments The Company reviews its cost method investment for impairment whenever an event or circumstance indicates that an other-than-temporary impairment has occurred. The Company considers available quantitative and qualitative evidence in evaluating potential impairment of its cost method investment. An impairment charge is recorded if the carrying amount of an investment exceeds its fair value and such excess is determined to be other-than temporary. The Company recorded approximately ¥4.0 million ($0.61 million) impairment loss on its cost method investment in unconsolidated entity during the year ended June 30, 2018. Revenue Recognition based on the new revenue standard, the Company should recognize revenue when (or as) it satisfies a performance obligation by transferring a promised good or service to a customer. A good or service is transferred when (or as) the customer obtains control of that good or service. After evaluation, the Company determined that it satisfies a performance obligation at a point in time by considering indicators of the transfer of control, which include, but are not limited to, the following: 1. The entity has a present right to payment for the asset. 2. The customer has legal title to the asset. 3. The entity has transferred physical possession of the asset. 4. The customer has the significant risks and rewards of ownership of the asset. 5. The customer has accepted the asset. The Company also performed analysis for the type of its construction arrangement. Usually the Company’s construction contract includes numerous promises to transfer goods or services to the customer. These goods and services are distinct since the customer can benefit from the good or service on its own or together with other resources that are readily available to the customer and the Company’s promise to transfer the good or service to the customer is separately identifiable from other promises in the contract. Therefore, each promise in the contract should be accounted separately as an individual performance obligation. The completion of each of this individual performance obligation is usually in a short-term based on explicit requirements of customers. After evaluation, the Company determined to recognize revenue of each performance obligation under the construction arrangement at a point in time, by considering indicators of the transfer of control listed above. Before adoption of ASU 606, the Company accrued all expensed and materials costs until the overall projects under the same contract are accepted but no revenue is recorded during the period. With adoption of this new recognition standard, the Company shall record contract revenue and corresponding cost accordingly under each individual performance obligation. Based on the current revenue standard, revenue is recognized when the promised good or service is delivered to the customer and the customer has the significant risks and rewards of ownership of the promised good or service. The Company has substantially conducted its evaluation of the impact of the standard and the Company does not expect the adoption of the standard will have a material impact to its consolidated revenue. However, as a result of applying the new standard, there are certain components of its type of construction arrangement where the new standard generally results in earlier recognition of revenue compared to its historical policies. The Company expects to record a net increase in opening retained earnings upon adoption resulting from the acceleration of revenue recognized under the new standard. 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. 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 - Research and Development Expenses Shipping and Handling Costs - Shipping and handling cost incurred to ship products to customers are included in selling and distribution expenses. Shipping and handling expenses were ¥1,167,117, ¥752,656 and ¥1,170,358 ($176,797) for the years ended June 30, 2016, 2017 and 2018, respectively. Income Taxes The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position would be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. The Company has no uncertain tax position as of June 30, 2018, 2017 and 2016. As of June 30, 2018, the tax years ended December 31, 2013 through December 31, 2017 for the Company’s People’s Republic of China (“PRC”) subsidiaries remain open for statutory examination by PRC tax authorities. Loss per Share - Loss Per Share (“EPS”) is computed by dividing net loss by the weighted average number of ordinary shares outstanding. Diluted EPS are computed by dividing net loss by the weighted-average number of ordinary shares and dilutive potential ordinary share equivalents outstanding. Potentially dilutive ordinary shares consist of ordinary shares issuable upon the conversion of ordinary stock options, restricted shares and warrants (using the treasury stock method). 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, 2016, 2017 and 2018. Reclassification - Certain prior year amounts had been reclassified to conform to the current period presentation. These reclassifications have no effect on the results of operations and cash flows previously reported. Recently Issued Accounting Pronouncements In September 2017, the FASB issued ASU 2017-13, “Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842)”. The main objective of this pronouncement is to clarify the effective date of the adoption of ASC Topic 606 and ASC Topic 842 and the definition of public business entity as stipulated in ASU 2014-09 and ASU 2016-02. ASU 2014-09 provides that a public business entity adopt ASC Topic 606 for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. ASU 2016-12 requires certain other specified entities adopt ASC Topic 842 for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company applied the new revenue standard from July 1, 2018 and adopted a modified retrospective approach upon the adoption. The Company performed an analysis on each of the Company’s revenue streams in accordance with the new revenue standard, and the Company concluded that the adoption of this new revenue standard does not have a material impact on the Company’s consolidated financial statements. Based on the current revenue standard, revenue is recognized when the promised good or service is delivered to the customer and the customer has the significant risks and rewards of ownership of the promised good or service. The time of revenue recognition of the Company is almost consistent under the old standard and new standard. However, as a result of applying the new standard, there are certain components of the Company’s type of construction arrangement where the new standard generally results in earlier recognition of revenue compared to the Company’s historical policies. The Company expects to record a net increase in opening retained earnings upon adoption resulting from the acceleration of revenue recognized under the new standard. In November 2017, the FASB issued ASU 2017-14, Income Statement—Reporting Comprehensive Income (Topic 220), Revenue Recognition (Topic 605), and Revenue from Contracts with Customers (Topic 606), which amends certain aspects of the new revenue recognition standard. This standard will be effective for fiscal years beginning 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. In July 2018, the FASB issued ASU No. 2018-10, “Codification Improvements to Topic 842, Leases,” which clarifies how to apply certain aspects of the new leases standard. This ASU addresses the rate implicit in the lease, impairment of the net investment in the lease, lessee reassessment of lease classification, lessor reassessment of lease term and purchase options, variable payments that depend on an index or rate and certain transition adjustments. This ASU has the same effective date and transition requirements as the new leases standard, which is effective for annual periods beginning 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. In July 2018, the FASB issued ASU No. 2018-11, “Leases (Topic 842): Targeted Improvements” which provides a new transition method and a practical expedient for separating components of a contract. This ASU is intended to reduce costs and ease the implementation of the new leasing standard for financial statement preparers. The effective date and transition requirements for the amendments related to separating components of a contract are the same as the effective date and transition requirements in ASU 2016-02. 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, 2018
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 4. TRADE ACCOUNTS RECEIVABLE, NET Accounts receivable, net consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Third Party RMB RMB U.S. Dollars Trade accounts receivable ¥ 43,691,416 ¥ 27,319,241 $ 4,126,898 Allowance for doubtful accounts (4,265,505 ) (3,065,234 ) (463,040 ) Total - third-party, net ¥ 39,425,911 ¥ 24,254,007 $ 3,663,858 June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2017 Third Party – long-term RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ - ¥ 4,400,000 $ 664,673 Allowance for doubtful accounts - (187,171 ) (28,275 ) Total - long-term trade accounts receivable, net ¥ - ¥ 4,212,829 $ 636,398 *The receivable from Beijing Yabei Nuoda was recognized primarily from the sale of automation system and services based on written contracts. Based on the repayment agreement signed in August, 2018, the outstanding balance was to be collected in five installments during the period from December 2018 to December 2020. Based on the repayment agreement, the Company expects to collect ¥1,954,978 ($295,323) before June 30, 2019, ¥3,100,000 ($468,292) before June 30, 2020 and ¥1,300,000 ($196,380) before December 31, 2020, respectively. No interest is required per the settlement agreement. Provision made for doubtful accounts of accounts receivables due from third party was ¥1,650,745 and ¥1,137,238 for the years ended June 30, 2016 and 2017, respectively, and net recovery of provision made for doubtful accounts of accounts receivables due to third party was ¥1,013,100 ($153,041) for the years ended June 30, 2018. Movement of allowance for doubtful accounts is as follows: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Beginning balance ¥ 4,814,577 ¥ 4,265,505 $ 644,356 Charge to (reversal of) expense 1,137,238 (1,013,100 ) (153,041 ) Less: write-off (1,686,310 ) - - Ending balance ¥ 4,265,505 ¥ 3,252,405 $ 491,315

NOTES RECEIVABLE

NOTES RECEIVABLE	12 Months Ended
	Jun. 30, 2018
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, 2017 and 2018, notes receivable was ¥6,112,960 and ¥3,995,962 ($603,638), respectively, As of June 30, 2018, no notes receivable was guaranteed or collateralized.

OTHER RECEIVABLES, NET

OTHER RECEIVABLES, NET	12 Months Ended
	Jun. 30, 2018
Other Receivables [Abstract]
Other Receivables Disclosure [Text Block]	NOTE 6. OTHER RECEIVABLES, NET Other receivables, net consisted of the following: Third Party June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Current Portion RMB RMB U.S. Dollars Loans to third parties (A) 1,115,720 2,640,469 398,875 Business advances to officers and staffs (B) 2,999,761 1,787,866 270,079 Deposits for projects 1,189,329 1,665,002 251,518 VAT recoverable - 1,438,949 217,370 Others 307,119 690,597 104,323 Allowance for doubtful accounts (1,505,419 ) (901,930 ) (136,247 ) Total ¥ 4,106,510 ¥ 7,320,953 $ 1,105,918 Provision for doubtful accounts of other receivables was ¥455,574, ¥247,612 and ¥109,302 ($16,511) for the years ended June 30, 2016, 2017 and 2018, respectively. (A) 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. (B) 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. Movement of allowance for doubtful accounts is as follows: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Beginning balance ¥ 1,277,807 ¥ 1,505,419 $ 227,412 Charge to expense 247,612 109,302 16,511 Less: write-off (20,000 ) (712,791 ) (107,676 ) Ending balance ¥ 1,505,419 ¥ 901,930 $ 136,247

PURCHASE ADVANCES, NET

PURCHASE ADVANCES, NET	12 Months Ended
	Jun. 30, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets Disclosure [Text Block]	NOTE 7. PURCHASE ADVANCES, NET The Company purchased products and services from third parties during the normal course of business. Purchase advances, net consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Third Party RMB RMB U.S. Dollars Capitalized pre-contract costs ¥ 151,545 ¥ 1,508,491 $ 227,876 Capitalized contract costs 4,634,689 4,221,942 637,775 Prepayment for others 7,091,556 7,376,745 1,114,345 Allowance for doubtful accounts (401,790 ) (452,632 ) (68,375 ) Total ¥ 11,476,000 ¥ 12,654,546 $ 1,911,621 Provision for doubtful accounts of purchase advances were ¥12,368,755, ¥381,436 and ¥62,556 ($9,450) for the years ended June 30, 2016, 2017 and 2018, respectively. The Company recorded allowance for these advances and will continue to try to collect or get inventories delivered. These payments were advanced for certain customized equipment of the planned projects. As those projects were delayed or canceled or there is rare chance to be profitable, the Company decided to suspend those projects and recorded allowances related to advanced payments for those projects as the Company may not be able to receive those funds back. Management is still making efforts to collect partially or negotiate with venders for some other alternative solutions to minimize the Company’s loss. Movement of allowance for doubtful accounts is as follows: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Beginning balance ¥ 16,591,247 ¥ 401,790 $ 60,695 Charge to expense 381,436 62,556 9,450 Less: write-off (16,570,893 ) (11,714 ) (1,770 ) Ending balance ¥ 401,790 ¥ 452,632 $ 68,375

INVENTORIES

INVENTORIES	12 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	NOTE 8. INVENTORIES Inventories consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Small component parts ¥ 55,726 ¥ 55,726 $ 8,418 Purchased goods and raw materials 51,617 59,328 8,962 Work in process and goods on site 1,842,411 5,155,215 778,758 Finished goods 4,702,883 2,888,096 436,281 Allowance for slow moving inventory (4,024,663 ) (1,399,524 ) (211,415 ) Total inventories, net ¥ 2,627,974 ¥ 6,758,841 $ 1,021,004 Provisions for slow moving inventory were ¥2,428,290, ¥Nil and ¥65,245 ($9,856) for the years ended June 30, 2016, 2017 and 2018, respectively. Movement of allowance for slow-moving inventories is as follows: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Beginning balance ¥ 5,398,179 ¥ 4,024,663 $ 607,974 Charge to cost of sales - 65,245 9,856 Less: write-off (1,373,516 ) (2,690,384 ) (406,415 ) Ending balance ¥ 4,024,663 ¥ 1,399,524 $ 211,415

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	12 Months Ended
	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 9. PROPERTY AND EQUIPMENT, NET Property and equipment consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Motor vehicles ¥ 4,116,847 ¥ 4,456,156 $ 673,156 Office equipment and fixtures 1,139,587 1,239,914 187,304 Production equipment 916,026 1,609,500 243,134 Total property and equipment 6,172,460 7,305,570 1,103,594 Less: Accumulated depreciation (3,404,490 ) (4,134,461 ) (624,560 ) Property and equipment, net ¥ 2,767,970 ¥ 3,171,109 $ 479,034 Construction in progress ¥ - ¥ 11,779,784 $ 1,779,477 On August 4, 2017, Gan Su BHD purchased the land use right of state-owned construction land in Yumen, Gan Su, in the amount of ¥1,361,969 ($205,742). The land use right was intended to establish production line of the oily sludge disposal projects. As of June 30, 2018, the total cost incurred in the project was ¥11,779,784 ($1,779,477), based on the management’s best estimation, this project needs additional . Depreciation expenses were ¥955,083, ¥856,735 and ¥1,092,206 ($164,991) for the years ended June 30, 2016, 2017 and 2018, respectively. Gain from property and equipment disposal was ¥40,688, ¥35,919 and ¥78,285 ($11,826) for the years ended June 30, 2016, 2017 and 2018, respectively.

LAND USE RIGHTS

LAND USE RIGHTS	12 Months Ended
	Jun. 30, 2018
Land Use Rights [Abstract]
Land Use Rights Description [Text Block]	NOTE 10 - LAND USE RIGHTS Land use rights as of June 30, 2018 are as following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Land use rights - 1,361,969 205,742 Less: accumulated amortization - (26,843 ) (4,055 ) Land use rights, net ¥ - ¥ 1,335,126 $ 201,687 As of June 30, 2018, no land use rights are collateralized or pledged. Amortization expenses were ¥Nil, ¥Nil and ¥26,843 ($4,055) for the years ended June 30, 2016, 2017 and 2018, respectively. The estimated future amortization expenses are as follows: Twelve months ending June 30, RMB U.S. Dollars 2019 ¥ 27,239 $ 4,115 2020 27,239 4,115 2021 27,239 4,115 2022 27,239 4,115 2023 27,239 4,115 Thereafter 1,198,931 181,112 Total ¥ 1,335,126 $ 201,687

INVESTMENT IN UNCONSOLIDATED EN

INVESTMENT IN UNCONSOLIDATED ENTITY	12 Months Ended
	Jun. 30, 2018
Schedule of Investments [Abstract]
Cost-method Investments, Description [Text Block]	NOTE 11 – INVESTMENT IN UNCONSOLIDATED ENTITY On December 15, 2017, the Company signed a subscription agreement with Future Gas Station (Beijing) Technology, Ltd (“FGS”). Established in January 2016, FGS is a service company focusing on providing new technical applications and data operations to gas stations of oil companies such as PetroChina Co., Ltd. With its DT Refuel mobile application, FGS provides solutions to gas stations to improve their operations and their customers' experience. Pursuant to the subscription agreement, Recon held 8% equity interest of FGS. As of June 30, 2018, Recon has invested ¥4,037,736 ($609,948) in FGS as terms and conditions are achieved based on mutually-agreed payment schedule. Based on the financial results of FGS for the year ended June 30, 2018, FGS was in the loss position and has accumulated deficit in equity. Based on the management's assessment, the Company does not expect to recover the investment in the near future. Therefore, the Company considered that there was other than temporary impairment and recorded a full impairment of the investment. As a result, the Company recorded ¥4,037,736 ($609,948) impairment loss during the year ended June 30, 2018. On August 21, 2018, the Company entered into a definitive investment agreement and a supplemental agreement (collectively, the “Agreement”) with FGS and the other shareholders of FGS. Following full performance under the Agreement, Recon will own 43% of FGS. As consideration for increasing its affiliates’ interest in FGS from 8% to 43%, the Company will (1) pay a total of RMB 10 million in cash to FGS in five installments and (2) issue 2,435,284 restricted shares of (the “Restricted Shares”) to the other shareholders of FGS within 30 days after FGS finalizes recording ’s corresponding interest at the local governmental agency. If FGS does not reach certain performance goals, has the right to cancel without further payment part or all of the Restricted Shares. The Restricted Shares are also subject to lock-up period requirements that vary for each FGS shareholder, from one year to three years following issuance of the Restricted Shares. As of the date of this report, the Company has invested RMB 2 million to FGS per this Agreement for follow-up investment

OTHER PAYABLES

OTHER PAYABLES	12 Months Ended
	Jun. 30, 2018
Other Liabilities Disclosure [Abstract]
Other Liabilities Disclosure [Text Block]	NOTE 12. OTHER PAYABLES Other payables consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Third Party RMB RMB U.S. Dollars Service ¥ 1,518,033 ¥ 1,356,676 $ 204,944 Distributors and employees 207,005 90,130 13,615 Funds collected on behalf of others 895,022 895,022 135,204 Advances from customers 130,100 157,856 23,846 Accrued expenses 193,274 411,898 62,222 Others 408,466 259,088 39,138 Total ¥ 3,351,900 ¥ 3,170,670 $ 478,969 June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Related Party RMB RMB U.S. Dollars Expenses paid by the major shareholders ¥ 3,062,709 ¥ 2,767,349 $ 418,041 Due to family member of the owner of BHD - 193,143 29,177 Due to management staff for costs incurred on behalf of the Company 251,310 250,965 37,911 Total ¥ 3,314,019 ¥ 3,211,457 $ 485,129

TAXES PAYABLE

TAXES PAYABLE	12 Months Ended
	Jun. 30, 2018
Taxes Payable [Abstract]
Taxes Payable Disclosure [Text Block]	NOTE 13. TAXES PAYABLE Taxes payable consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars VAT payable ¥ 632,831 ¥ 382,361 $ 57,760 Income tax payable 43,556 43,556 6,580 Other taxes payable 8,334 5,996 906 Total taxes payable ¥ 684,721 ¥ 431,913 $ 65,246

SHORT-TERM BORROWINGS DUE TO RE

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES	12 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Short-term Debt [Text Block]	NOTE 14. SHORT-TERM BORROWINGS DUE TO RELATED PARTIES Short-term borrowings due to related parties consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Short-term borrowings due to related parties: RMB RMB U.S. Dollars Short-term borrowing from a Founder, 5.655% annual interest, due on August 24, 2017 ¥ 62,692 ¥ - $ - Short-term borrowing from a Founder, 5.655% annual interest, due on August 31, 2017 1,260,165 - - Short-term borrowing from a Founder, 5.655% annual interest, due on August 31, 2017 1,420,223 - - Short-term borrowing from a Founder, 5.655% annual interest, due on September 11, 2017 722,262 - - Short-term borrowing from a Founder, 5.655% annual interest, due on September 16, 2017 541,187 - - Short-term borrowing from a Founder, 5.655% annual interest, due on September 18, 2017 804,530 - - Short-term borrowing from a Founder's family member, no interest, due on December 31, 2017 350,000 - - Short-term borrowing from a Founder, 5.22% annual interest, due on May 10, 2018 2,529,428 - - Short-term borrowing from a Founder, 5.22% annual interest, due on June 7, 2018 2,477,521 - - Short-term borrowing from a Founder, 5.655% annual interest, due on December 15, 2018 - 5,011,782 757,090 Short-term borrowing from a Founder, 5.655% annual interest, due on March 21, 2019 - 4,006,283 605,197 Total short-term borrowings due to related parties ¥ 10,168,008 ¥ 9,018,065 $ 1,362,287 No short-term borrowings due to related parties were guaranteed or collateralized at June 30, 2017 and 2018. Interest expense for short-term borrowings due to related parties was ¥ 487,692 548,878 325,185 49,123 * The Company repaid the loan in full on maturity date.

LONG-TERM BORROWINGS DUE TO REL

LONG-TERM BORROWINGS DUE TO RELATED PARTY	12 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	NOTE 15. LONG-TERM BORROWINGS DUE TO RELATED PARTY Long-term borrowings due to related party consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Long-term borrowings due to related party: RMB RMB U.S. Dollars Long-term borrowing from a Founder, monthly payments of ¥ 126,135 8.90 ten years loan ¥ - ¥ 9,663,729 ¥ 1,459,822 Less: current portion - (719,895 ) (108,749 ) Total long-term borrowings due to related party ¥ - ¥ 8,943,834 $ 1,351,073 No short-term borrowings due to related parties were guaranteed or collateralized at June 30, 2017 and 2018. Interest expense for long-term borrowings due to related party was ¥Nil, ¥Nil and ¥ 546,676 82,582 The future maturities of long-term borrowings due to related party at June 30, 2018 are as follows: Twelve months ending June 30, RMB U.S. Dollars 2019 ¥ 719,895 $ 108,749 2020 747,630 112,938 2021 816,952 123,410 2022 892,701 134,853 2023 975,474 147,357 Thereafter 5,511,077 832,515 Total ¥ 9,663,729 $ 1,459,822

ORDINARY SHARES

ORDINARY SHARES	12 Months Ended
	Jun. 30, 2018
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 16. ORDINARY SHARES Stock offering On November 20, 2017, the Company entered into a securities purchase agreement (the “Agreement”) with Yongquan Bi (“Mr. Bi.”), currently acting as the Chairman of board of the Company, pursuant to which Mr. Bi agreed to purchase an aggregate of 3 million unregistered restricted shares for gross proceeds of $4.8 million, a per-share purchase price of $1.60. After deducting the placement agent’s commission and other estimated offering expenses payable by the Company, the net proceeds to the Company were approximately $4.5 million. The purchase price was paid in two installments of $2.4 million each. The first installment was paid on November 20, 2017, and the second installment was paid on January 19, 2018. Mr. Bi used his own personal funds to pay the purchase price amount. Mr. Bi designated Xinhaixin International Holdings Limited (“Xinhaixin”) to receive the shares. On January 19, 2018, the Company issued the 3 million shares to Xinhaixin, the wholly owned company of Mr. Bi. On January 22, 2018, The Company and certain institutional investors entered into a securities purchase agreement in connection with an offering, pursuant to which the Company agreed to sell an aggregate of 3,592,500 ordinary shares. The purchase price was $1.66 per ordinary share and all shares were issued on January 24, 2018. The aggregate gross proceeds was $5,963,550. After deducting the placement agent’s commission and other estimated offering expenses payable by the Company, the net proceeds to the Company were approximately $5.3 million. The Company intends to use the net proceeds of the offering for general corporate purposes and working capital. On November 11, 2017, The Company issued 221,268 shares for unpaid management’s salary of ¥1,554,908 ($234,888) based on the stock closing price of $1.06 on the same day. Appropriated Retained Earnings

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 17. STOCK-BASED COMPENSATION Stock-Based Awards Plan 2015 Incentive Plan The following is a summary of the stock options activity: Stock Options Shares Weighted ‎ Average ‎ Exercise Price ‎ Per Share Outstanding as of June 30, 2016 815,600 $ 3.04 Granted - - Forfeited - - Exercised - - Outstanding as of June 30, 2017 815,600 $ 3.04 Granted - - Forfeited - - Exercised - - Outstanding as of June 30, 2018 815,600 $ 3.04 The following is a summary of the status of options outstanding and exercisable at June 30, 2018: Outstanding Options Exercisable Options Average Exercise ‎ Price Number Average ‎ Remaining ‎ Contractual ‎ life (Years) Average Exercise ‎ Price Number Average ‎ Remaining ‎ Contractual ‎ life (Years) $ 6.00 193,000 1.08 $ 6.00 193,000 1.08 $ 2.96 222,600 3.74 $ 2.96 222,600 3.74 $ 1.65 400,000 6.59 $ 1.65 400,000 6.59 815,600 The Share-based compensation expense recorded for stock options granted were ¥2,096,162, ¥2,039,446 and ¥840,286 ($126,935) for the years ended June 30, 2016, 2017 and 2018, respectively. No unrecognized share-based compensation for stock options as of June 30, 2018. Restricted Shares to senior manager As of June 30, 2018, the Company has granted restricted ordinary shares to senior management as follows: On January 31, 2015, the Company granted 150,000 restricted shares to the CEO and 150,000 restricted shares to the CTO at an aggregate value of $495,000, based on the stock closing price of $1.65 at January 31, 2015. These restricted shares will vest over three years with one third of the shares vesting every year from the grant date. All granted shares under this plan are fully vested on January 31, 2018. On October 18, 2015, the Company granted 800,000 restricted shares to its employees and non-employee director as compensation cost for awards. The fair value of the restricted shares was $704,000 based on the closing stock price $0.88 at October 18, 2015. These restricted shares will vest over three years with one third of the shares vesting every year from the grant date. As of June 30, 2017, 19,000 shares were forfeited and went back to the incentive pool due to some staffs’ resignation and 520,667 shares were vested. 260,332 shares under this plan will not be vested until October 18, 2018. On July 27, 2016, the Company granted 876,000 restricted shares to its employees and non-employee director as compensation cost for awards. The fair value of the restricted shares was $963,600 based on the closing stock price $1.10 at July 27, 2016. The Company also re-granted the previously forfeited 19,000 to its employees. These restricted shares will vest over three years with one third of the shares vesting every year from the grant date. The first one third with 298,333 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 million shares were issued to management on January 23 2017. The fair value of the restricted shares was $4,063,500 based on the closing stock price $1.35 at December 9, 2016. 800,000 shares was vested during the year ended June 30, 2018 based on the financial results for the year ended June 30, 2017. Prior to the filing of the annual report for the years ending June 30, 2018 and 2019, the remaining shares of 2,210,000 under this plan may not be sold, transferred, hypothecated, voted or otherwise used for any purpose, and any shares that are not earned as stated above will be automatically cancelled without payment by the transfer agent of the Company. On October 13, 2017, the Company granted 900,000 restricted shares to its employees as compensation cost for awards. The fair value of the restricted shares was $919,800 based on the closing stock price $1.02 at October 13, 2017. These restricted shares will vest over three years with one third of the shares vesting every year from the grant date. The above-mentioned shares will not vested until October 13, 2018, 2019 and 2020, respectively. 508,909 and 1,563,667 restricted shares were issued and outstanding for the year ended June 30, 2017 and 2018, respectively, for all the plans mentioned above. The share-based compensation expense recorded for restricted shares issued for management were ¥3,595,146, ¥12,904,723 and ¥14,621,838 ($2,208,804) for the years ended June 30, 2016, 2017 and 2018, respectively. The total unrecognized share-based compensation expense of restricted shares issued for management as of June 30, 2018 was approximately ¥18.57 million ($2.80 million), which is expected to be recognized over a weighted average period of approximately 1.31 years. Restricted Shares for service For the year ended June 30, 2018, the Company has granted restricted ordinary shares to consultants as follows: On July 27, 2016, the Company approved the grant of 250,000 restricted shares with a value of $275,000 based on the closing stock price of $1.10 on July 27, 2016 to designees of an independent consulting firm as compensation for advisory services. The vesting period of these shares was one year from the date of contract. 250,000 shares were issued under this plan on October 27, 2016. On November 10, 2016, the Company approved the grant of 330,000 restricted shares with a value of $300,993 based on the closing stock price of $0.9121 on November 10, 2016 to a company as payment for development of software and models. The vesting period of these shares was three-month from the date of contract. Those restricted shares were issued on January 23, 2017. On March 31, 2017, the Company approved the grant of 200,000 restricted shares with a value of $256,020 based on the closing stock price of $1.2801 on March 31, 2017 to designees of an independent consulting firm as payment for accounting management and consulting service. The vesting period of these shares was two-year from the date of contract. 125,000 restricted shares were vested and 100,000 shares were issued under this plan on November 17, 2017. On April 5, 2017, the Company approved the grant of 300,000 restricted shares with a value of $390,000 based on the closing stock price of $1.30 on April 5, 2017 to a company as payment for promotion PR/IR service. The vesting period of these shares was one year from the date of contract. 300,000 restricted shares were vested and no shares were issued as of date of this report. On April 24, 2017, the Company approved the grant of 500,000 restricted shares with a value of $555,050 to a company to prepare research report for online gas selling platform. The fair value of those restricted shares was based on the closing stock price of $1.101 on June 15, 2017 when the service was fully rendered to the Company. All granted shares under this plan are fully vested by June 15, 2017 and issued on November 17, 2017. The Share-based compensation expense recorded for restricted shares issued for service were ¥2,287,415, ¥8,399,240 and ¥3,050,896 ($460,874) for the years ended June 30, 2016, 2017 and 2018, respectively. The total unrecognized share-based compensation expense of restricted shares issued for service as of June 30, 2018 was approximately ¥0.66 million ($0.10 million), which is expected to be recognized over a weighted average period of approximately 0.75 years. Following is a summary of the restricted shares granted: Restricted stock grants Shares 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 Granted 900,000 Vested (1,783,667 ) Non-vested as of June 30, 2018 4,042,000 The following is a summary of the status of restricted stock at June 30, 2018: Outstanding Restricted Shares Fair Value per Number Average Remaining Amortization Period (Years) $ 0.88 260,333 0.30 $ 1.10 596,667 1.07 $ 1.02 900,000 2.29 $ 1.35 2,210,000 1.00 $ 1.28 75,000 0.75 4,042,000

INCOME TAX

INCOME TAX	12 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 18. 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% through November 30, 2019. 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% through November 25, 2018. Loss before provision for income taxes consisted of: June 30, ‎ 2016 June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB RMB U.S. Dollars Outside China areas ¥ (14,257,066 ) ¥ (28,079,918 ) ¥ (21,599,806 ) $ (3,262,908 ) China (26,079,666 ) (2,815,983 ) (23,759,198 ) (3,589,113 ) Total ¥ (40,336,732 ) ¥ (30,895,901 ) ¥ (45,359,004 ) $ (6,852,021 ) Deferred tax asset, net is comprised of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Allowance for doubtful receivables ¥ 925,907 ¥ 703,545 $ 106,279 Loss from investment in unconsolidated entity - 605,660 91,492 Net operating loss carryforwards 3,425,411 6,911,270 1,044,030 Less: Valuation allowance (4,351,318 ) (8,220,475 ) (1,241,801 ) Deferred income tax assets, net ¥ - ¥ - $ - Following is a reconciliation of income tax expense at the effective rate to income tax at the calculated statutory rates: For the years ended June 30, 2016 2017 2018 2018 RMB RMB RMB U.S. Dollars Income tax benefits calculated at statutory rates ¥ (6,230,384 ) ¥ (580,551 ) ¥ (5,679,505 ) $ (857,957 ) Nondeductible expenses and others 1,774,956 93,709 (65,427 ) (9,884 ) Benefit of favorable rate for high-technology companies 2,492,154 232,221 2,009,486 303,557 Benefit of revenue exempted from enterprise income tax (43,363 ) (19,919 ) (55,748 ) (8,421 ) Change in valuation allowances 3,748,735 602,583 3,869,157 584,482 Tax refund (1,196,253 ) (20,143 ) (61,733 ) (9,325 ) Provision for income tax ¥ 545,845 ¥ 307,900 ¥ 16,230 $ 2,452 The Company’s tax expense is comprised of the following: For the years ended June 30, 2016 2017 2018 2018 RMB RMB RMB U.S. Dollars Current income tax provision ¥ - ¥ 307,900 ¥ 16,230 $ 2,452 Adjust over accrued tax of prior years (1,196,253 ) - - - Deferred income taxes provision 1,742,098 - - - Expense for income tax ¥ 545,845 ¥ 307,900 ¥ 16,230 $ 2,452

NON-CONTROLLING INTEREST

NON-CONTROLLING INTEREST	12 Months Ended
	Jun. 30, 2018
Noncontrolling Interest [Abstract]
Noncontrolling Interest Disclosure [Text Block]	NOTE 19. NON-CONTROLLING INTEREST Non-controlling interest consisted of the following: 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 As of June 30, 2018 Nanjing Gan Su Qinghai BHD Recon BHD BHD Total Total RMB RMB RMB RMB RMB U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 3,500,000 ¥ 200,000 ¥ 5,551,000 $ 838,544 Unappropriated retained earnings 3,152,687 3,491,859 (548,899 ) (754,014 ) 5,341,633 806,918 Accumulated other comprehensive loss (18,850 ) (11,853 ) - - (30,703 ) (4,638 ) Total non-controlling interest ¥ 4,784,837 ¥ 3,680,006 ¥ 2,951,101 ¥ (554,014 ) ¥ 10,861,930 $ 1,640,824

CONCENTRATIONS

CONCENTRATIONS	12 Months Ended
	Jun. 30, 2018
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	NOTE 20. CONCENTRATIONS For the year ended June 30, 2016, China National Petroleum Corporation ("CNPC") represented approximately 75% of the Company’s revenue. At June 30, 2016, CNPC accounted for 59% and another customer accounted for 22% of the Company’s trade accounts receivable, net, respectively. For the year ended June 30, 2017, CNPC represented approximately 72% and another customer represented approximately 10% of the Company’s revenue, respectively. At June 30, 2017, CNPC accounted for 42% and another two customers accounted for 22% and 16% of the Company’s trade accounts receivable, net, respectively. For the year ended June 30, 2018, CNPC represented approximately 45% and another customer represented approximately 43% of the Company’s revenue, respectively. At June 30, 2018, CNPC accounted for 29% and another two customers accounted for 22% and 14% of the Company’s trade accounts receivable, net, respectively. For the year ended June 30, 2016, two major suppliers accounted for 49% of the company’s total purchases. At June 30, 2016, three suppliers accounted for 67% of the Company’s trade accounts payable. For the year ended June 30, 2017, three major suppliers accounted for 43% of the company’s total purchases. At June 30, 2017, three suppliers accounted for 61% of the Company’s trade accounts payable. For the year ended June 30, 2018, two major suppliers accounted for 58% of the company’s total purchases. At June 30, 2018, three suppliers accounted for 60% of the Company’s trade accounts payable.

COMMITMENTS AND CONTINGENCY

COMMITMENTS AND CONTINGENCY	12 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 21. COMMITMENTS AND CONTINGENCY (a) Office Leases 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, 2018: Twelve months ending June 30, RMB U.S. Dollars 2019 ¥ 2,623,077 $ 396,247 2020 1,332,923 201,354 Total ¥ 3,956,000 $ 597,601 Rent expense for the years ended June 30, 2016, 2017 and 2018 were ¥1,323,170, ¥1,664,128 and ¥2,8596,809 ($432,008), respectively. (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, 2018, the Company estimated its severance payments of approximately ¥2.0 million ($0.3 million) which has not been reflected in its consolidated financial statements, because management cannot predict what the actual payment, if any, will be in the future.

RELATED PARTY TRANSACTIONS AND

RELATED PARTY TRANSACTIONS AND BALANCES	12 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 22. RELATED PARTY TRANSACTIONS AND BALANCES Purchases from related parties – For the years ended June 30, 2016 2017 2018 2018 RMB RMB RMB U.S. Dollars Huanghua Heng Da Xiang Tong Manufacture Ltd ¥ 338,862 ¥ - ¥ - $ - Xiamen Huangsheng Hitek Computer Network Co. Ltd. 588,894 - - - Purchases from related parties ¥ 927,756 ¥ - ¥ - $ - Account payable due to related parties Leases from related parties Monthly Rent Monthly Rent Lessee Lessor Rent Period RMB USD Nanjing Recon Yin Shenping April 1, 2018 - March 31, 2020 ¥ 60,000 $ 9,064 BHD Chen Guangqiang January 1, 2018 - December 31, 2018 22,500 3,399 BHD Mr Chen's family member January 1, 2018 - December 31, 2018 47,500 7,175 Recon-BJ Yin Shenping July 1, 2016 - June 30, 2018 10,000 1,511 Short-term borrowings from related parties Long-term borrowings from related parties Expenses paid by the owner on behalf of Recon – IEs paid certain operating expenses for the Company. As of June 30, 2017, and 2018, ¥3,062,709 and ¥2,767,349 ($418,041) was due to them, respectively. See Note 12.

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	12 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Disclosure Of Variable Interest Entities [Text Block]	NOTE 23. Variable Interest Entities VIEs are generally entities that lack sufficient equity to finance their activities without additional financial support from other parties or whose equity holders lack adequate decision making ability. All VIEs and their subsidiaries with which the Company is involved must be evaluated to determine the primary beneficiary of the risks and rewards of the VIE. The primary beneficiary is required to consolidate the VIE for financial reporting purposes. Summary information regarding consolidated VIEs is as follows: June 30, 2017 June 30, 2018 June 30, 2018 RMB RMB U.S. Dollars ASSETS Current Assets Cash and cash equivalents ¥ 3,506,540 ¥ 7,336,672 $ 1,108,292 Notes receivable 6,112,960 3,995,962 603,638 Trade accounts receivable, net 39,425,911 24,254,007 3,663,858 Purchase advances, net 11,476,000 12,654,546 1,911,621 Other assets 7,450,483 14,281,461 2,157,386 Total current assets ¥ 67,971,894 ¥ 62,522,648 $ 9,444,795 Non-current assets 2,757,404 20,966,716 3,167,273 Total Assets ¥ 70,729,298 ¥ 83,489,364 $ 12,612,068 LIABILITIES Trade accounts payable ¥ 8,352,870 ¥ 8,754,347 $ 1,322,449 Taxes payable 684,721 278,184 42,023 Other liabilities 16,372,863 14,730,356 2,225,197 Total current liabilities 25,410,454 23,762,887 3,589,669 Non-current liabilities - 8,943,834 1,351,073 Total Liabilities ¥ 25,410,454 ¥ 32,706,721 $ 4,940,742 The financial performance of VIEs reported in the consolidated statement of operations and comprehensive loss for the year ended June 30, 2016 includes revenues of ¥42,728,277, operating expenses of ¥31,590,843, and net loss of ¥25,481,256. The financial performance of VIEs reported in the consolidated statement of operations and comprehensive loss for the year ended June 30, 2017 includes revenues of ¥60,054,462, operating expenses of ¥18,074,743, and net loss of ¥2,757,013. The financial performance of VIEs reported in the consolidated statement of operations and comprehensive loss for the year ended June 30, 2018 includes revenues of ¥84,712,046 ($12,796,768), operating expenses of ¥22,441,733 ($3,390,092), and net loss of ¥22,734,249 ($3,434,280).

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 24. SEGMENT REPORTING ASC 280, “Segment Reporting,” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the chief operating decision maker, reviews operation results by the revenue of different products. Based on management’s assessment, the Company has determined that it has three operating segments: automation product and software, equipment and accessories and oilfield environmental protection. The following tables present summary information by segment for the years ended June 30, 2016, 2017 and 2018, respectively: For the years ended June 30, 2016 2017 2018 2018 RMB RMB RMB U.S. Dollars Automation product and software ¥ 26,171,906 ¥ 22,399,066 ¥ 18,989,924 $ 2,868,655 Equipment and accessories 14,221,914 26,658,094 63,960,425 9,661,988 Oilfield environmental protection 2,334,457 10,997,302 1,761,697 266,125 Total revenue ¥ 42,728,277 ¥ 60,054,462 ¥ 84,712,046 $ 12,796,768 All the Company’s revenue was generated from its business operation in China. For the years ended June 30, 2018 Automation ‎ product and ‎ software Equipment and a ccessories Oilfield environmental protection Total RMB RMB RMB RMB Revenue ¥ 18,989,924 ¥ 63,960,425 ¥ 1,761,697 ¥ 84,712,046 Cost of revenue and related tax 17,036,393 62,115,400 1,410,068 80,561,861 Gross profit ¥ 1,953,531 ¥ 1,845,025 ¥ 351,629 ¥ 4,150,185 Depreciation and amortization ¥ 48,127 ¥ 1,044,079 ¥ 26,843 ¥ 1,119,049 Total capital expenditures ¥ 100,327 ¥ 1,403,083 ¥ 10,519,072 ¥ 12,022,482 For the years ended June 30, 2017 Automation product and software Equipment and accessories Oilfield environmental protection Total RMB RMB RMB RMB Revenue ¥ 22,399,066 ¥ 26,658,094 ¥ 10,997,302 ¥ 60,054,462 Cost of revenue and related tax 12,593,429 22,023,851 9,473,680 44,090,960 Gross profit ¥ 9,805,637 ¥ 4,634,243 ¥ 1,523,622 ¥ 15,963,502 Depreciation and amortization ¥ 39,846 ¥ 816,889 ¥ - ¥ 856,735 Total capital expenditures ¥ 75,809 ¥ 562,310 ¥ - ¥ 638,119 For the years ended June 30, 2016 Automation product and ‎ software Equipment and accessories Oilfield environmental protection Total RMB RMB RMB RMB Revenue ¥ 26,171,906 ¥ 14,221,914 ¥ 2,334,457 ¥ 42,728,277 Cost of revenue and related tax 20,548,568 13,126,589 1,806,237 35,481,394 Gross profit ¥ 5,623,338 ¥ 1,095,325 ¥ 528,220 ¥ 7,246,883 Depreciation and amortization ¥ 67,091 ¥ 887,992 ¥ - ¥ 955,083 Total capital expenditures ¥ 6,477 ¥ 174,598 ¥ - ¥ 181,075 June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Total assets: Automation product and software ¥ 35,865,376 ¥ 53,284,643 $ 8,049,284 Equipment and accessories 35,289,669 40,365,472 6,097,688 Oilfield environmental protection - 28,157,402 4,253,512 Total Assets ¥ 71,155,045 ¥ 121,807,517 $ 18,400,484

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 25. SUBSEQUENT EVENTS On August 27, 2018, the board of the Company approved the issuance of 25,000 restricted shares to Ascent Investor Relations LLC (“Ascent”). The Company entered into an investor relations letter agreement on August 1, 2018, pursuant to which Ascent agrees to provide certain consulting services to the Company (the “IR Agreement”). Fair value of the shares granted is $1.28 per share based on the closing price of the resolution of the board on August 27, 2018 with a vesting period of a year from the date of the agreement. Fair value of these shares is $32,000. On August 27, 2018, the board of the company approved a grant of 1,956,000 restricted stock units (the “RSUs”) to certain employees and directors under the Company’s 2015 Equity Incentive Plan (the “Plan”) according to a vesting schedule as a reward and compensation to encourage as an incentive for their future dedication to the Company. Fair value of these RSUs are $2,503,680 based on the closing price of the resolution of the board on August 27, 2018, with a vesting period of three years from the date of the grant.

SIGNIFICANT ACCOUNTING POLICI32

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of presentation -
Consolidation, Policy [Policy Text Block]	Principles of Consolidation -
Consolidation, Variable Interest Entity, Policy [Policy Text Block]	Variable Interest Entities - Assets recognized as a result of consolidating VIEs do not represent additional assets that could be used to satisfy claims against the Company’s general assets. Conversely, liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company’s general assets; rather, they represent claims against the specific assets of the consolidated VIEs.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Currency Translation
Use of Estimates, Policy [Policy Text Block]	Estimates and assumptions The key assumptions underlying the Company’s accounting for material arrangements and the reasonably likely material effects of resolving any uncertainties on the Company’s allowance for doubtful accounts related to purchase advances. The production of the Company’s products requires custom-made equipment from its suppliers. To ensure that it can secure the required customized equipment, the Company often needs to make full prepayment for its intended purchases. As a standard practice in the petroleum extraction industry, the Company generally must submit a bid in order to secure the sales contract. The bidding process generally takes between one month to one year and the timing depends on the size of the overall project, which timing and size are generally controlled by its client. In order to secure timely purchase delivery and to meet its product delivery schedule, the Company normally prepays for the purchase advances if the Company believes that it is more than likely to win the bid for the sales contract. After winning the bid and securing the sale contract, the Company normally needs to deliver its products approximately within one week to six months. Based on the Company’s historical experience, the Company generally is able to realize its purchase advances on the customized equipment that it orders. If the Company does not secure the sales contract after making prepayment, its seeks to negotiate with its suppliers for them either to refund the purchase advances or issue credits for the Company to purchase similar products with similar models with its future contracts. If the Company determines that its suppliers are unlikely to refund or credit for future purchases or if it is unlikely to secure projects to use those products in the foreseeable future, the Company provides a 100% allowance on the specific advances. Currently, only pre-contract cost under Purchase advance are under such rick of cancelation or rick mention above. As of June 30, 2018, the Company has approximately ¥1,508,491 ($227,876) of purchase advances that are still pending of securing sales contract bid, of which t ¥98,500 ($14,880) will not be realizable and have accordingly provided an allowance. The balance of ¥98,500 ($14,880) of such allowance remains outstanding at June 30, 2018 as it has not yet exceeded two years in aging or otherwise been deemed uncollectible.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Values of Financial Instruments The three levels of inputs are defined as follows: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable. 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. The fair value of long-term receivables is determined using a present value technique by discounting the future expected contractual cash flows using current rates at which similar instruments would be issued at the measurement date.
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 - Pre-Contract Costs The Company evaluates its purchase advances on a semi-annually basis. If it expects to receive its customized equipment within one year, the purchase advances are classified as current assets. If it does not expect to utilize the purchase advances within one year, the purchase advances will be classified as long-term assets. As of June 30, 2017, and 2018, the Company expected to receive its purchased advances, net of allowance, within one year. - Contract Costs - Prepayments for Others The Company has three types of purchase advances, capitalized pre-contract costs, capitalized contract costs and prepayment for others. (a) Capitalized pre-contract costs are the amounts paid to suppliers for purchases of customized equipment in anticipation of obtaining planned contracts for the Company’s sales and these advances are considered as pre-contract costs. As of June 30, 2018, approximately ¥1.5 million ($0.2 million) pre-contract costs were paid to the Company’s suppliers as compared to approximately ¥0.2 million at June 30, 2017. The change in purchase advances is mainly due to the change in the Company’s anticipation of securing new sales contacts and to secure the materials for its timely performance under such contracts. The production of the Company’s product required customized equipment from suppliers. To ensure the Company can secure the required customized equipment, the Company would need to make full prepayment for the intended purchases. As a standard practice in the petroleum extraction industry, the Company generally must submit a bid to secure the sales contract. The bidding process generally takes between one month to one year and the timing depends on the size of the overall project, which timing and size are generally controlled by the Company’s client. To secure timely purchase delivery and to meet the product delivery schedule, the Company normally would prepay for the purchase advances if the Company believes that it is more than likely to win the bid for the sales contract. After winning the bid and the sale contract is secured, the Company normally needs to its products approximately within one week to six months. Based on historical experience, the Company is generally able to realize its purchase advances on the customized equipment that it ordered. If the Company does not secure the sales contract after making prepayment, it seeks to negotiate with its suppliers for them either to issue refund of the purchase advances or issue credits for it to purchase similar products with similar models with its future contracts. If the Company determines that its suppliers are unlikely to refund or credit for future purchases or if it is unlikely to secure projects to use those products in the foreseeable future, it provides a 100% allowance on the improbable recovery amounts. (b) Capitalized contract costs are the amounts paid to the suppliers for purchases of customized equipment to secure the Company’s executed sale contracts. As of June 30, 2018, the Company paid approximately ¥4.2 million ($0.6 million) purchase advances to the Company’s suppliers as compared to approximately ¥4.6 million at June 30, 2017. Based on the Company’s historical experience, it is generally able to realize and not reserve its purchase advances on the customized equipment that it ordered. (c) Besides, the Company also has prepayment for others business activities, such as standard raw materials, supplies and services. As of June 30, 2018, the Company prepaid approximately ¥7.4 million ($1.1 million) purchase advances to its suppliers as compared to approximately ¥7.1 million at June 30, 2017. Usually, this type of prepayments will be expensed when those products or services have been rendered or consumed. While in some rare circumstances, the prepayment may also under some uncertainties when its initial requirements change. The Company will try to negotiate with vendors to collect the fund back or make new arrangement to avoid major loss.
Inventory, Policy [Policy Text Block]	Inventories
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Items Useful life Motor vehicles 5-10 years Office equipment 2-5 years Production equipment 10 years
Land Use Rights [Policy Text Block]	Land Use Rights
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Long-Lived Assets
Long-term investments [Policy Text Block]	Long-term investments The Company reviews its cost method investment for impairment whenever an event or circumstance indicates that an other-than-temporary impairment has occurred. The Company considers available quantitative and qualitative evidence in evaluating potential impairment of its cost method investment. An impairment charge is recorded if the carrying amount of an investment exceeds its fair value and such excess is determined to be other-than temporary. The Company recorded approximately ¥4.0 million ($0.61 million) impairment loss on its cost method investment in unconsolidated entity during the year ended June 30, 2018.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition based on the new revenue standard, the Company should recognize revenue when (or as) it satisfies a performance obligation by transferring a promised good or service to a customer. A good or service is transferred when (or as) the customer obtains control of that good or service. After evaluation, the Company determined that it satisfies a performance obligation at a point in time by considering indicators of the transfer of control, which include, but are not limited to, the following: 1. The entity has a present right to payment for the asset. 2. The customer has legal title to the asset. 3. The entity has transferred physical possession of the asset. 4. The customer has the significant risks and rewards of ownership of the asset. 5. The customer has accepted the asset. The Company also performed analysis for the type of its construction arrangement. Usually the Company’s construction contract includes numerous promises to transfer goods or services to the customer. These goods and services are distinct since the customer can benefit from the good or service on its own or together with other resources that are readily available to the customer and the Company’s promise to transfer the good or service to the customer is separately identifiable from other promises in the contract. Therefore, each promise in the contract should be accounted separately as an individual performance obligation. The completion of each of this individual performance obligation is usually in a short-term based on explicit requirements of customers. After evaluation, the Company determined to recognize revenue of each performance obligation under the construction arrangement at a point in time, by considering indicators of the transfer of control listed above. Before adoption of ASU 606, the Company accrued all expensed and materials costs until the overall projects under the same contract are accepted but no revenue is recorded during the period. With adoption of this new recognition standard, the Company shall record contract revenue and corresponding cost accordingly under each individual performance obligation. Based on the current revenue standard, revenue is recognized when the promised good or service is delivered to the customer and the customer has the significant risks and rewards of ownership of the promised good or service. The Company has substantially conducted its evaluation of the impact of the standard and the Company does not expect the adoption of the standard will have a material impact to its consolidated revenue. However, as a result of applying the new standard, there are certain components of its type of construction arrangement where the new standard generally results in earlier recognition of revenue compared to its historical policies. The Company expects to record a net increase in opening retained earnings upon adoption resulting from the acceleration of revenue recognized under the new standard. 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. 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
Shipping and Handling Costs [Policy Text Block]	Shipping and Handling Costs - Shipping and handling cost incurred to ship products to customers are included in selling and distribution expenses. Shipping and handling expenses were ¥1,167,117, ¥752,656 and ¥1,170,358 ($176,797) for the years ended June 30, 2016, 2017 and 2018, respectively.
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. The Company has no uncertain tax position as of June 30, 2018, 2017 and 2016. As of June 30, 2018, the tax years ended December 31, 2013 through December 31, 2017 for the Company’s People’s Republic of China (“PRC”) subsidiaries remain open for statutory examination by PRC tax authorities.
Earnings Per Share, Policy [Policy Text Block]	Loss per Share - Loss Per Share (“EPS”) is computed by dividing net loss by the weighted average number of ordinary shares outstanding. Diluted EPS are computed by dividing net loss by the weighted-average number of ordinary shares and dilutive potential ordinary share equivalents outstanding. Potentially dilutive ordinary shares consist of ordinary shares issuable upon the conversion of ordinary stock options, restricted shares and warrants (using the treasury stock method). 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, 2016, 2017 and 2018.
Reclassification [Policy Text Block]	Reclassification - Certain prior year amounts had been reclassified to conform to the current period presentation. These reclassifications have no effect on the results of operations and cash flows previously reported.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements In September 2017, the FASB issued ASU 2017-13, “Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842)”. The main objective of this pronouncement is to clarify the effective date of the adoption of ASC Topic 606 and ASC Topic 842 and the definition of public business entity as stipulated in ASU 2014-09 and ASU 2016-02. ASU 2014-09 provides that a public business entity adopt ASC Topic 606 for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. ASU 2016-12 requires certain other specified entities adopt ASC Topic 842 for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company applied the new revenue standard from July 1, 2018 and adopted a modified retrospective approach upon the adoption. The Company performed an analysis on each of the Company’s revenue streams in accordance with the new revenue standard, and the Company concluded that the adoption of this new revenue standard does not have a material impact on the Company’s consolidated financial statements. Based on the current revenue standard, revenue is recognized when the promised good or service is delivered to the customer and the customer has the significant risks and rewards of ownership of the promised good or service. The time of revenue recognition of the Company is almost consistent under the old standard and new standard. However, as a result of applying the new standard, there are certain components of the Company’s type of construction arrangement where the new standard generally results in earlier recognition of revenue compared to the Company’s historical policies. The Company expects to record a net increase in opening retained earnings upon adoption resulting from the acceleration of revenue recognized under the new standard. In November 2017, the FASB issued ASU 2017-14, Income Statement—Reporting Comprehensive Income (Topic 220), Revenue Recognition (Topic 605), and Revenue from Contracts with Customers (Topic 606), which amends certain aspects of the new revenue recognition standard. This standard will be effective for fiscal years beginning 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. In July 2018, the FASB issued ASU No. 2018-10, “Codification Improvements to Topic 842, Leases,” which clarifies how to apply certain aspects of the new leases standard. This ASU addresses the rate implicit in the lease, impairment of the net investment in the lease, lessee reassessment of lease classification, lessor reassessment of lease term and purchase options, variable payments that depend on an index or rate and certain transition adjustments. This ASU has the same effective date and transition requirements as the new leases standard, which is effective for annual periods beginning 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. In July 2018, the FASB issued ASU No. 2018-11, “Leases (Topic 842): Targeted Improvements” which provides a new transition method and a practical expedient for separating components of a contract. This ASU is intended to reduce costs and ease the implementation of the new leasing standard for financial statement preparers. The effective date and transition requirements for the amendments related to separating components of a contract are the same as the effective date and transition requirements in ASU 2016-02. 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, 2018
Receivables [Abstract]
Schedule Of Accounts Receivable Third Party [Table Text Block]	Accounts receivable, net consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Third Party RMB RMB U.S. Dollars Trade accounts receivable ¥ 43,691,416 ¥ 27,319,241 $ 4,126,898 Allowance for doubtful accounts (4,265,505 ) (3,065,234 ) (463,040 ) Total - third-party, net ¥ 39,425,911 ¥ 24,254,007 $ 3,663,858 June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2017 Third Party – long-term RMB RMB U.S. Dollars Beijing Yabei Nuoda Science and Technology Co. Ltd. * ¥ - ¥ 4,400,000 $ 664,673 Allowance for doubtful accounts - (187,171 ) (28,275 ) Total - long-term trade accounts receivable, net ¥ - ¥ 4,212,829 $ 636,398 *The receivable from Beijing Yabei Nuoda was recognized primarily from the sale of automation system and services based on written contracts. Based on the repayment agreement signed in August, 2018, the outstanding balance was to be collected in five installments during the period from December 2018 to December 2020. Based on the repayment agreement, the Company expects to collect ¥1,954,978 ($295,323) before June 30, 2019, ¥3,100,000 ($468,292) before June 30, 2020 and ¥1,300,000 ($196,380) before December 31, 2020, respectively. No interest is required per the settlement agreement.
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Movement of allowance for doubtful accounts is as follows: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Beginning balance ¥ 4,814,577 ¥ 4,265,505 $ 644,356 Charge to (reversal of) expense 1,137,238 (1,013,100 ) (153,041 ) Less: write-off (1,686,310 ) - - Ending balance ¥ 4,265,505 ¥ 3,252,405 $ 491,315

OTHER RECEIVABLES, NET (Tables)

OTHER RECEIVABLES, NET (Tables)	12 Months Ended
	Jun. 30, 2018
Other Receivables [Abstract]
Schedule Of Other Receivables [Table Text Block]	Other receivables, net consisted of the following: Third Party June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Current Portion RMB RMB U.S. Dollars Loans to third parties (A) 1,115,720 2,640,469 398,875 Business advances to officers and staffs (B) 2,999,761 1,787,866 270,079 Deposits for projects 1,189,329 1,665,002 251,518 VAT recoverable - 1,438,949 217,370 Others 307,119 690,597 104,323 Allowance for doubtful accounts (1,505,419 ) (901,930 ) (136,247 ) Total ¥ 4,106,510 ¥ 7,320,953 $ 1,105,918 (A) 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. (B) 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, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Beginning balance ¥ 1,277,807 ¥ 1,505,419 $ 227,412 Charge to expense 247,612 109,302 16,511 Less: write-off (20,000 ) (712,791 ) (107,676 ) Ending balance ¥ 1,505,419 ¥ 901,930 $ 136,247

PURCHASE ADVANCES, NET (Tables)

PURCHASE ADVANCES, NET (Tables)	12 Months Ended
	Jun. 30, 2018
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, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Third Party RMB RMB U.S. Dollars Capitalized pre-contract costs ¥ 151,545 ¥ 1,508,491 $ 227,876 Capitalized contract costs 4,634,689 4,221,942 637,775 Prepayment for others 7,091,556 7,376,745 1,114,345 Allowance for doubtful accounts (401,790 ) (452,632 ) (68,375 ) Total ¥ 11,476,000 ¥ 12,654,546 $ 1,911,621
Allowance For Doubtful Accounts In Purchase Advance [Table Text Block]	Movement of allowance for doubtful accounts is as follows: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Beginning balance ¥ 16,591,247 ¥ 401,790 $ 60,695 Charge to expense 381,436 62,556 9,450 Less: write-off (16,570,893 ) (11,714 ) (1,770 ) Ending balance ¥ 401,790 ¥ 452,632 $ 68,375

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Small component parts ¥ 55,726 ¥ 55,726 $ 8,418 Purchased goods and raw materials 51,617 59,328 8,962 Work in process and goods on site 1,842,411 5,155,215 778,758 Finished goods 4,702,883 2,888,096 436,281 Allowance for slow moving inventory (4,024,663 ) (1,399,524 ) (211,415 ) Total inventories, net ¥ 2,627,974 ¥ 6,758,841 $ 1,021,004
Allowance For Doubtful Inventory [Table Text Block]	Movement of allowance for slow-moving inventories is as follows: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Beginning balance ¥ 5,398,179 ¥ 4,024,663 $ 607,974 Charge to cost of sales - 65,245 9,856 Less: write-off (1,373,516 ) (2,690,384 ) (406,415 ) Ending balance ¥ 4,024,663 ¥ 1,399,524 $ 211,415

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	12 Months Ended
	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Motor vehicles ¥ 4,116,847 ¥ 4,456,156 $ 673,156 Office equipment and fixtures 1,139,587 1,239,914 187,304 Production equipment 916,026 1,609,500 243,134 Total property and equipment 6,172,460 7,305,570 1,103,594 Less: Accumulated depreciation (3,404,490 ) (4,134,461 ) (624,560 ) Property and equipment, net ¥ 2,767,970 ¥ 3,171,109 $ 479,034 Construction in progress ¥ - ¥ 11,779,784 $ 1,779,477

LAND USE RIGHTS (Tables)

LAND USE RIGHTS (Tables)	12 Months Ended
	Jun. 30, 2018
Land Use Rights [Abstract]
Land Use Rights Disclosure [Table Text Block]	Land use rights as of June 30, 2018 are as following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Land use rights - 1,361,969 205,742 Less: accumulated amortization - (26,843 ) (4,055 ) Land use rights, net ¥ - ¥ 1,335,126 $ 201,687
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	The estimated future amortization expenses are as follows: Twelve months ending June 30, RMB U.S. Dollars 2019 ¥ 27,239 $ 4,115 2020 27,239 4,115 2021 27,239 4,115 2022 27,239 4,115 2023 27,239 4,115 Thereafter 1,198,931 181,112 Total ¥ 1,335,126 $ 201,687

OTHER PAYABLES (Tables)

OTHER PAYABLES (Tables)	12 Months Ended
	Jun. 30, 2018
Other Liabilities Disclosure [Abstract]
Schedule Of Other Payables [Table Text Block]	Other payables consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Third Party RMB RMB U.S. Dollars Service ¥ 1,518,033 ¥ 1,356,676 $ 204,944 Distributors and employees 207,005 90,130 13,615 Funds collected on behalf of others 895,022 895,022 135,204 Advances from customers 130,100 157,856 23,846 Accrued expenses 193,274 411,898 62,222 Others 408,466 259,088 39,138 Total ¥ 3,351,900 ¥ 3,170,670 $ 478,969
Schedule Of Other Payables Related Party [Table Text Block]	June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Related Party RMB RMB U.S. Dollars Expenses paid by the major shareholders ¥ 3,062,709 ¥ 2,767,349 $ 418,041 Due to family member of the owner of BHD - 193,143 29,177 Due to management staff for costs incurred on behalf of the Company 251,310 250,965 37,911 Total ¥ 3,314,019 ¥ 3,211,457 $ 485,129

TAXES PAYABLE (Tables)

TAXES PAYABLE (Tables)	12 Months Ended
	Jun. 30, 2018
Taxes Payable [Abstract]
Taxes Payable [Table Text Block]	Taxes payable consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars VAT payable ¥ 632,831 ¥ 382,361 $ 57,760 Income tax payable 43,556 43,556 6,580 Other taxes payable 8,334 5,996 906 Total taxes payable ¥ 684,721 ¥ 431,913 $ 65,246

SHORT-TERM BORROWINGS DUE TO 41

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES (Tables)	12 Months Ended
	Jun. 30, 2018
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, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Short-term borrowings due to related parties: RMB RMB U.S. Dollars Short-term borrowing from a Founder, 5.655% annual interest, due on August 24, 2017 ¥ 62,692 ¥ - $ - Short-term borrowing from a Founder, 5.655% annual interest, due on August 31, 2017 1,260,165 - - Short-term borrowing from a Founder, 5.655% annual interest, due on August 31, 2017 1,420,223 - - Short-term borrowing from a Founder, 5.655% annual interest, due on September 11, 2017 722,262 - - Short-term borrowing from a Founder, 5.655% annual interest, due on September 16, 2017 541,187 - - Short-term borrowing from a Founder, 5.655% annual interest, due on September 18, 2017 804,530 - - Short-term borrowing from a Founder's family member, no interest, due on December 31, 2017 350,000 - - Short-term borrowing from a Founder, 5.22% annual interest, due on May 10, 2018 2,529,428 - - Short-term borrowing from a Founder, 5.22% annual interest, due on June 7, 2018 2,477,521 - - Short-term borrowing from a Founder, 5.655% annual interest, due on December 15, 2018 - 5,011,782 757,090 Short-term borrowing from a Founder, 5.655% annual interest, due on March 21, 2019 - 4,006,283 605,197 Total short-term borrowings due to related parties ¥ 10,168,008 ¥ 9,018,065 $ 1,362,287 * The Company repaid the loan in full on maturity date.

LONG-TERM BORROWINGS DUE TO R42

LONG-TERM BORROWINGS DUE TO RELATED PARTY (Tables)	12 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Schedule of Long Term Debt Due To Related Party [Table Text Block]	Long-term borrowings due to related party consisted of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 Long-term borrowings due to related party: RMB RMB U.S. Dollars Long-term borrowing from a Founder, monthly payments of ¥ 126,135 8.90 ten years loan ¥ - ¥ 9,663,729 ¥ 1,459,822 Less: current portion - (719,895 ) (108,749 ) Total long-term borrowings due to related party ¥ - ¥ 8,943,834 $ 1,351,073
Schedule of Maturities of Long-term Debt [Table Text Block]	The future maturities of long-term borrowings due to related party at June 30, 2018 are as follows: Twelve months ending June 30, RMB U.S. Dollars 2019 ¥ 719,895 $ 108,749 2020 747,630 112,938 2021 816,952 123,410 2022 892,701 134,853 2023 975,474 147,357 Thereafter 5,511,077 832,515 Total ¥ 9,663,729 $ 1,459,822

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Jun. 30, 2018
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 ‎ Average ‎ Exercise Price ‎ Per Share Outstanding as of June 30, 2016 815,600 $ 3.04 Granted - - Forfeited - - Exercised - - Outstanding as of June 30, 2017 815,600 $ 3.04 Granted - - Forfeited - - Exercised - - Outstanding as of June 30, 2018 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, 2018: Outstanding Options Exercisable Options Average Exercise ‎ Price Number Average ‎ Remaining ‎ Contractual ‎ life (Years) Average Exercise ‎ Price Number Average ‎ Remaining ‎ Contractual ‎ life (Years) $ 6.00 193,000 1.08 $ 6.00 193,000 1.08 $ 2.96 222,600 3.74 $ 2.96 222,600 3.74 $ 1.65 400,000 6.59 $ 1.65 400,000 6.59 815,600
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, 2016 1,076,788 Granted 5,466,000 Vested (1,617,121 ) Non-vested as of June 30, 2017 4,925,667 Granted 900,000 Vested (1,783,667 ) Non-vested as of June 30, 2018 4,042,000
Nonvested Restricted Stock Shares Activity [Table Text Block]	The following is a summary of the status of restricted stock at June 30, 2018: Outstanding Restricted Shares Fair Value per Number Average Remaining Amortization Period (Years) $ 0.88 260,333 0.30 $ 1.10 596,667 1.07 $ 1.02 900,000 2.29 $ 1.35 2,210,000 1.00 $ 1.28 75,000 0.75 4,042,000

INCOME TAX (Tables)

INCOME TAX (Tables)	12 Months Ended
	Jun. 30, 2018
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, ‎ 2016 June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB RMB U.S. Dollars Outside China areas ¥ (14,257,066 ) ¥ (28,079,918 ) ¥ (21,599,806 ) $ (3,262,908 ) China (26,079,666 ) (2,815,983 ) (23,759,198 ) (3,589,113 ) Total ¥ (40,336,732 ) ¥ (30,895,901 ) ¥ (45,359,004 ) $ (6,852,021 )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred tax asset, net is comprised of the following: June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Allowance for doubtful receivables ¥ 925,907 ¥ 703,545 $ 106,279 Loss from investment in unconsolidated entity - 605,660 91,492 Net operating loss carryforwards 3,425,411 6,911,270 1,044,030 Less: Valuation allowance (4,351,318 ) (8,220,475 ) (1,241,801 ) Deferred income tax assets, net ¥ - ¥ - $ -
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Following is a reconciliation of income tax expense at the effective rate to income tax at the calculated statutory rates: For the years ended June 30, 2016 2017 2018 2018 RMB RMB RMB U.S. Dollars Income tax benefits calculated at statutory rates ¥ (6,230,384 ) ¥ (580,551 ) ¥ (5,679,505 ) $ (857,957 ) Nondeductible expenses and others 1,774,956 93,709 (65,427 ) (9,884 ) Benefit of favorable rate for high-technology companies 2,492,154 232,221 2,009,486 303,557 Benefit of revenue exempted from enterprise income tax (43,363 ) (19,919 ) (55,748 ) (8,421 ) Change in valuation allowances 3,748,735 602,583 3,869,157 584,482 Tax refund (1,196,253 ) (20,143 ) (61,733 ) (9,325 ) Provision for income tax ¥ 545,845 ¥ 307,900 ¥ 16,230 $ 2,452
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The Company’s tax expense is comprised of the following: For the years ended June 30, 2016 2017 2018 2018 RMB RMB RMB U.S. Dollars Current income tax provision ¥ - ¥ 307,900 ¥ 16,230 $ 2,452 Adjust over accrued tax of prior years (1,196,253 ) - - - Deferred income taxes provision 1,742,098 - - - Expense for income tax ¥ 545,845 ¥ 307,900 ¥ 16,230 $ 2,452

NON-CONTROLLING INTEREST(Tables

NON-CONTROLLING INTEREST(Tables)	12 Months Ended
	Jun. 30, 2018
Noncontrolling Interest [Abstract]
Noncontrolling Interest [Table Text Block]	Non-controlling interest consisted of the following: 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 As of June 30, 2018 Nanjing Gan Su Qinghai BHD Recon BHD BHD Total Total RMB RMB RMB RMB RMB U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 3,500,000 ¥ 200,000 ¥ 5,551,000 $ 838,544 Unappropriated retained earnings 3,152,687 3,491,859 (548,899 ) (754,014 ) 5,341,633 806,918 Accumulated other comprehensive loss (18,850 ) (11,853 ) - - (30,703 ) (4,638 ) Total non-controlling interest ¥ 4,784,837 ¥ 3,680,006 ¥ 2,951,101 ¥ (554,014 ) ¥ 10,861,930 $ 1,640,824

COMMITMENTS AND CONTINGENCY (Ta

COMMITMENTS AND CONTINGENCY (Tables)	12 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule Of Future Minimum Rental Payments For Operating Leases 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, 2018: Twelve months ending June 30, RMB U.S. Dollars 2019 ¥ 2,623,077 $ 396,247 2020 1,332,923 201,354 Total ¥ 3,956,000 $ 597,601

RELATED PARTY TRANSACTIONS AN47

RELATED PARTY TRANSACTIONS AND BALANCES (Tables)	12 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Purchases From Related Parties [Table Text Block]	Purchases from related parties – For the years ended June 30, 2016 2017 2018 2018 RMB RMB RMB U.S. Dollars Huanghua Heng Da Xiang Tong Manufacture Ltd ¥ 338,862 ¥ - ¥ - $ - Xiamen Huangsheng Hitek Computer Network Co. Ltd. 588,894 - - - Purchases from related parties ¥ 927,756 ¥ - ¥ - $ -
Schedule of Rent Expense [Table Text Block]	The details of leases from related parties are as below: Monthly Rent Monthly Rent Lessee Lessor Rent Period RMB USD Nanjing Recon Yin Shenping April 1, 2018 - March 31, 2020 ¥ 60,000 $ 9,064 BHD Chen Guangqiang January 1, 2018 - December 31, 2018 22,500 3,399 BHD Mr Chen's family member January 1, 2018 - December 31, 2018 47,500 7,175 Recon-BJ Yin Shenping July 1, 2016 - June 30, 2018 10,000 1,511

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Jun. 30, 2018
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, 2017 June 30, 2018 June 30, 2018 RMB RMB U.S. Dollars ASSETS Current Assets Cash and cash equivalents ¥ 3,506,540 ¥ 7,336,672 $ 1,108,292 Notes receivable 6,112,960 3,995,962 603,638 Trade accounts receivable, net 39,425,911 24,254,007 3,663,858 Purchase advances, net 11,476,000 12,654,546 1,911,621 Other assets 7,450,483 14,281,461 2,157,386 Total current assets ¥ 67,971,894 ¥ 62,522,648 $ 9,444,795 Non-current assets 2,757,404 20,966,716 3,167,273 Total Assets ¥ 70,729,298 ¥ 83,489,364 $ 12,612,068 LIABILITIES Trade accounts payable ¥ 8,352,870 ¥ 8,754,347 $ 1,322,449 Taxes payable 684,721 278,184 42,023 Other liabilities 16,372,863 14,730,356 2,225,197 Total current liabilities 25,410,454 23,762,887 3,589,669 Non-current liabilities - 8,943,834 1,351,073 Total Liabilities ¥ 25,410,454 ¥ 32,706,721 $ 4,940,742

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following tables present summary information by segment for the years ended June 30, 2016, 2017 and 2018, respectively: For the years ended June 30, 2016 2017 2018 2018 RMB RMB RMB U.S. Dollars Automation product and software ¥ 26,171,906 ¥ 22,399,066 ¥ 18,989,924 $ 2,868,655 Equipment and accessories 14,221,914 26,658,094 63,960,425 9,661,988 Oilfield environmental protection 2,334,457 10,997,302 1,761,697 266,125 Total revenue ¥ 42,728,277 ¥ 60,054,462 ¥ 84,712,046 $ 12,796,768 All the Company’s revenue was generated from its business operation in China. For the years ended June 30, 2018 Automation ‎ product and ‎ software Equipment and a ccessories Oilfield environmental protection Total RMB RMB RMB RMB Revenue ¥ 18,989,924 ¥ 63,960,425 ¥ 1,761,697 ¥ 84,712,046 Cost of revenue and related tax 17,036,393 62,115,400 1,410,068 80,561,861 Gross profit ¥ 1,953,531 ¥ 1,845,025 ¥ 351,629 ¥ 4,150,185 Depreciation and amortization ¥ 48,127 ¥ 1,044,079 ¥ 26,843 ¥ 1,119,049 Total capital expenditures ¥ 100,327 ¥ 1,403,083 ¥ 10,519,072 ¥ 12,022,482 For the years ended June 30, 2017 Automation product and software Equipment and accessories Oilfield environmental protection Total RMB RMB RMB RMB Revenue ¥ 22,399,066 ¥ 26,658,094 ¥ 10,997,302 ¥ 60,054,462 Cost of revenue and related tax 12,593,429 22,023,851 9,473,680 44,090,960 Gross profit ¥ 9,805,637 ¥ 4,634,243 ¥ 1,523,622 ¥ 15,963,502 Depreciation and amortization ¥ 39,846 ¥ 816,889 ¥ - ¥ 856,735 Total capital expenditures ¥ 75,809 ¥ 562,310 ¥ - ¥ 638,119 For the years ended June 30, 2016 Automation product and ‎ software Equipment and accessories Oilfield environmental protection Total RMB RMB RMB RMB Revenue ¥ 26,171,906 ¥ 14,221,914 ¥ 2,334,457 ¥ 42,728,277 Cost of revenue and related tax 20,548,568 13,126,589 1,806,237 35,481,394 Gross profit ¥ 5,623,338 ¥ 1,095,325 ¥ 528,220 ¥ 7,246,883 Depreciation and amortization ¥ 67,091 ¥ 887,992 ¥ - ¥ 955,083 Total capital expenditures ¥ 6,477 ¥ 174,598 ¥ - ¥ 181,075 June 30, ‎ 2017 June 30, ‎ 2018 June 30, ‎ 2018 RMB RMB U.S. Dollars Total assets: Automation product and software ¥ 35,865,376 ¥ 53,284,643 $ 8,049,284 Equipment and accessories 35,289,669 40,365,472 6,097,688 Oilfield environmental protection - 28,157,402 4,253,512 Total Assets ¥ 71,155,045 ¥ 121,807,517 $ 18,400,484

ORGANIZATION AND NATURE OF OP50

ORGANIZATION AND NATURE OF OPERATIONS (Details Textual) - 12 months ended Jun. 30, 2018	CNY (¥)	USD ($)
Variable Interest Entity, Terms of Arrangements	the Company is able to absorb 90% of net interest or 100% of net loss of those VIEs.
Beijing Bhd Petroleum Technology Co Ltd [Member]
Decommissioning Fund Investments	¥ 9,300,000
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage	51.00%
Paid In Capital	¥ 2,250,000	$ 339,889
Remaining Paid In Capital	25,250,000	3,814,315
Gan Su BHD Environmental Technology Co., Ltd [Member]
Capital	50,000,000
Paid In Capital	12,780,000	1,930,572
Qing Hai BHD New Energy Technology Co Ltd [Member]
Decommissioning Fund Investments	2,300,000
Capital	¥ 50,000,000
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage	55.00%
Paid In Capital	¥ 2,450,000	370,102
Individuals [Member]
Remaining Paid In Capital	¥ 22,300,000	$ 3,368,682

SIGNIFICANT ACCOUNTING POLICI51

SIGNIFICANT ACCOUNTING POLICIES (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2018USD ($)
Accounting Policies [Line Items]
Foreign Currency Transactions, Description	The translation has been made at the rate of ¥6.6198 = US$1.00, the approximate exchange rate prevailing on June 30, 2018.	The translation has been made at the rate of ¥6.6198 = US$1.00, the approximate exchange rate prevailing on June 30, 2018.
Allowances On Specific Advances	100.00%	100.00%
Purchase Advances Obtainment Of Sales Contract Bid Pending	¥ 1,508,491					$ 227,876
PreContract Costs Paid	1,500,000	$ 200,000	¥ 200,000
Purchase Advances Paid	4,200,000	600,000	4,600,000
Purchase Advances Prepaid	7,400,000	1,100,000	7,100,000
Selling and Marketing Expense	8,013,353	1,210,513	4,458,218		¥ 5,630,715
Provision for Doubtful Accounts Relating to Purchase Advances	98,500	14,880
Allowance for Doubtful Accounts Relating to Purchase Advances Current	98,500					$ 14,880
Cost-method Investments, Other than Temporary Impairment	¥ 4,037,736	$ 609,948	0	$ 0	0
Use Rights [Member]
Accounting Policies [Line Items]
Finite-Lived Intangible Asset, Useful Life	50 years	50 years
Shipping and Handling [Member]
Accounting Policies [Line Items]
Selling and Marketing Expense	¥ 1,170,358	$ 176,797	¥ 752,656		¥ 1,167,117
Minimum [Member]
Accounting Policies [Line Items]
Deferred Revenue Percentage	5.00%	5.00%
Maximum [Member]
Accounting Policies [Line Items]
Deferred Revenue Percentage	10.00%	10.00%
Motor vehicles [Member] | Minimum [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years	5 years
Motor vehicles [Member] | Maximum [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years	10 years
Office Equipment [Member] | Minimum [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	2 years	2 years
Office Equipment [Member] | Maximum [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years	5 years
Leasehold Improvements [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Estimated Useful Lives	Shorter of the lease term or the estimated useful life	Shorter of the lease term or the estimated useful life
Production equipment [Member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years	10 years

TRADE ACCOUNTS RECEIVABLE, NE52

TRADE ACCOUNTS RECEIVABLE, NET (Details)		Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Third Party
Total - third-party, net		¥ 24,254,007	$ 3,663,858	¥ 39,425,911
Third Party [Member]
Third Party
Trade accounts receivable		27,319,241	4,126,898	43,691,416
Allowance for doubtful accounts		(3,065,234)	(463,040)	(4,265,505)
Third Party - long-term
Allowance for doubtful accounts		(187,171)	(28,275)	0
Total - long-term trade accounts receivable, net		4,212,829	636,398	0
Beijing Yabei Nuoda Science and Technology Co Ltd [Member]
Third Party - long-term
Trade accounts receivable	[1]	¥ 4,400,000	$ 664,673	¥ 0
[1]	The receivable from Beijing Yabei Nuoda was recognized primarily from the sale of automation system and services based on written contracts. Based on the repayment agreement signed in August, 2018, the outstanding balance was to be collected in five installments during the period from December 2018 to December 2020. Based on the repayment agreement, the Company expects to collect ¥1,954,978 ($295,323) before June 30, 2019, ¥3,100,000 ($468,292) before June 30, 2020 and ¥1,300,000 ($196,380) before December 31, 2020, respectively. No interest is required per the settlement agreement.

TRADE ACCOUNTS RECEIVABLE, NE53

TRADE ACCOUNTS RECEIVABLE, NET (Details 1)	12 Months Ended
	Jun. 30, 2018CNY (¥)		Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)		Jun. 30, 2016CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge to (reversal of) expense	¥ (841,242)		$ (127,080)	¥ 1,766,286		¥ 14,475,074
Third Party [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	4,265,505	[1]	644,356	4,814,577	[1]
Charge to (reversal of) expense	(1,013,100)		(153,041)	1,137,238		1,650,745
Less: write-off	0		0	(1,686,310)
Ending balance	¥ 3,252,405		$ 491,315	¥ 4,265,505	[1]	¥ 4,814,577	[1]
[1]	The receivable from Beijing Yabei Nuoda was recognized primarily from the sale of automation system and services based on written contracts. Based on the repayment agreement signed in August, 2018, the outstanding balance was to be collected in five installments during the period from December 2018 to December 2020. Based on the repayment agreement, the Company expects to collect ¥1,954,978 ($295,323) before June 30, 2019, ¥3,100,000 ($468,292) before June 30, 2020 and ¥1,300,000 ($196,380) before December 31, 2020, respectively. No interest is required per the settlement agreement.

TRADE ACCOUNTS RECEIVABLE, NE54

TRADE ACCOUNTS RECEIVABLE, NET (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)	Jun. 30, 2018USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for Doubtful Accounts	¥ (841,242)	$ (127,080)	¥ 1,766,286	¥ 14,475,074
Contract Receivable, Due in Next Twelve Months	1,954,978				$ 295,323
Contract Receivable, Due in Year Two	3,100,000				468,292
Contract Receivable, Due in Year Three	1,300,000				$ 196,380
Third Party [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for Doubtful Accounts	¥ (1,013,100)	$ (153,041)	¥ 1,137,238	¥ 1,650,745

NOTES RECEIVABLE (Details Textu

NOTES RECEIVABLE (Details Textual)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes, Loans and Financing Receivable, Net, Current	¥ 3,995,962	$ 603,638	¥ 6,112,960

OTHER RECEIVABLES, NET (Details

OTHER RECEIVABLES, NET (Details)		Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Current Portion
Total		¥ 7,320,953	$ 1,105,918	¥ 4,106,510
Third Party [Member]
Current Portion
Loans to third parties	[1]	2,640,469	398,875	1,115,720
Business advances to officers and staffs	[2]	1,787,866	270,079	2,999,761
Deposits for projects		1,665,002	251,518	1,189,329
VAT recoverable		1,438,949	217,370	0
Others		690,597	104,323	307,119
Allowance for doubtful accounts		(901,930)	(136,247)	(1,505,419)	$ (227,412)	¥ (1,277,807)
Total		¥ 7,320,953	$ 1,105,918	¥ 4,106,510
[1]	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.
[2]	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 (Detai57

OTHER RECEIVABLES, NET (Details 1)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Other Receivables [Line Items]
Charge to expense	¥ 109,302	$ 16,511	¥ 247,612	¥ 455,574
Third Party [Member]
Other Receivables [Line Items]
Beginning balance	1,505,419	227,412	1,277,807
Charge to expense	109,302	16,511	247,612
Less: write-off	(712,791)	(107,676)	(20,000)
Ending balance	¥ 901,930	$ 136,247	¥ 1,505,419	¥ 1,277,807

OTHER RECEIVABLES, NET (Detai58

OTHER RECEIVABLES, NET (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Other Receivables [Line Items]
Provision for Other Credit Losses	¥ 109,302	$ 16,511	¥ 247,612	¥ 455,574

PURCHASE ADVANCES, NET (Details

PURCHASE ADVANCES, NET (Details)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Purchase Advances [Line Items]
Total	¥ 12,654,546	$ 1,911,621	¥ 11,476,000
Third Party [Member]
Purchase Advances [Line Items]
Capitalized pre-contract costs	1,508,491	227,876	151,545
Capitalized contract costs	4,221,942	637,775	4,634,689
Prepayment for others	7,376,745	1,114,345	7,091,556
Allowance for doubtful accounts	(452,632)	(68,375)	(401,790)
Total	¥ 12,654,546	$ 1,911,621	¥ 11,476,000

PURCHASE ADVANCES, NET (Detai60

PURCHASE ADVANCES, NET (Details 1) - Third Party [Member]	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Beginning balance	¥ 401,790	$ 60,695	¥ 16,591,247
Charge to expense	62,556	9,450	381,436
Less: write-off	(11,714)	(1,770)	(16,570,893)
Ending balance	¥ 452,632	$ 68,375	¥ 401,790

PURCHASE ADVANCES, NET (Detai61

PURCHASE ADVANCES, NET (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Purchase Advances [Line Items]
Provision For Advances on Purchases	¥ 62,556	$ 9,450	¥ 381,436	¥ 12,368,755

INVENTORIES (Details)

INVENTORIES (Details)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)
Inventory [Line Items]
Small component parts	¥ 55,726	$ 8,418	¥ 55,726
Purchased goods and raw materials	59,328	8,962	51,617
Work in process and goods on site	5,155,215	778,758	1,842,411
Finished goods	2,888,096	436,281	4,702,883
Allowance for slow moving inventory	(1,399,524)	(211,415)	(4,024,663)	$ (607,974)	¥ (5,398,179)
Total inventories, net	¥ 6,758,841	$ 1,021,004	¥ 2,627,974

INVENTORIES (Details 1)

INVENTORIES (Details 1)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Beginning balance	¥ 4,024,663	$ 607,974	¥ 5,398,179
Charge to cost of sales	65,245	9,856	0
Less: write-off	(2,690,384)	(406,415)	(1,373,516)
Ending balance	¥ 1,399,524	$ 211,415	¥ 4,024,663

INVENTORIES (Details Textual)

INVENTORIES (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Inventory [Line Items]
Provision For Inventories	¥ 65,245	$ 9,856	¥ 0	¥ 2,428,288

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Property, Plant and Equipment [Line Items]
Total property and equipment	¥ 7,305,570	$ 1,103,594	¥ 6,172,460
Less: Accumulated depreciation	(4,134,461)	(624,560)	(3,404,490)
Property and equipment, net	3,171,109	479,034	2,767,970
Construction in progress	11,779,784	1,779,477	0
Motor vehicles [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	4,456,156	673,156	4,116,847
Office equipment and fixtures [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	1,239,914	187,304	1,139,587
Production equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment	¥ 1,609,500	$ 243,134	¥ 916,026

PROPERTY AND EQUIPMENT, NET (66

PROPERTY AND EQUIPMENT, NET (Details Textual)	Aug. 04, 2017CNY (¥)	Aug. 04, 2017USD ($)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)	Jun. 30, 2018USD ($)
Property, Plant and Equipment [Line Items]
Payments To Acquire Land Use Right	¥ 1,361,969	$ 205,742	¥ 1,361,969	$ 205,742	¥ 0	¥ 0
Construction in Progress, Gross			11,779,784		0		$ 1,779,477
Additional Cost Incurred			6,930,000	1,050,000
Depreciation, Depletion and Amortization, Nonproduction			1,119,049	169,046	856,735	955,083
Gain (Loss) on Disposition of Property Plant Equipment			¥ 78,285	$ 11,826	¥ 35,919	¥ 40,688

LAND USE RIGHTS (Details)

LAND USE RIGHTS (Details)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Land use rights	¥ 1,361,969	$ 205,742	¥ 0
Less: accumulated amortization	(26,843)	(4,055)	0
Land use rights, net	¥ 1,335,126	$ 201,687	¥ 0

LAND USE RIGHTS (Details 1)

LAND USE RIGHTS (Details 1) - Jun. 30, 2018 - Use Rights [Member]	CNY (¥)	USD ($)
Finite-Lived Intangible Assets [Line Items]
2,019	¥ 27,239	$ 4,115
2,020	27,239	4,115
2,021	27,239	4,115
2,022	27,239	4,115
2,023	27,239	4,115
Thereafter	1,198,931	181,112
Total	¥ 1,335,126	$ 201,687

LAND USE RIGHTS (Details Textua

LAND USE RIGHTS (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Use Rights [Member]
Amortization of Intangible Assets	¥ 26,843	$ 4,055	¥ 0	¥ 0

INVESTMENT IN UNCONSOLIDATED 70

INVESTMENT IN UNCONSOLIDATED ENTITY (Details Textual)	1 Months Ended	12 Months Ended
	Aug. 21, 2018CNY (¥)shares	Jun. 30, 2018CNY (¥)shares	Jun. 30, 2018USD ($)shares	Jun. 30, 2017CNY (¥)shares	Jun. 30, 2017USD ($)shares	Jun. 30, 2016CNY (¥)	Dec. 15, 2017
Payments to Acquire Businesses and Interest in Affiliates		¥ 4,037,736	$ 609,948	¥ 0		¥ 0
Cost-method Investments, Other than Temporary Impairment		¥ 4,037,736	$ 609,948	¥ 0	$ 0	¥ 0
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures | shares		1,563,667	1,563,667	508,909	508,909
Future Gas Station Beijing Technology Ltd [Member]
Cost Method Investment Ownership Percentage							8.00%
Subsequent Event [Member]
Payments to Acquire Additional Interest in Subsidiaries | ¥	¥ 10,000,000
Cost Method Investment Ownership Percentage	43.00%
Subsequent Event [Member] | Future Gas Station Beijing Technology Ltd [Member]
Payments to Acquire Businesses and Interest in Affiliates | ¥	¥ 2,000,000
Cost Method Investments, Additional Information	As consideration for increasing its affiliates’ interest in FGS from 8% to 43%, Recon will (1) pay a total of RMB 10 million in cash to FGS in five installments and (2) issue 2,435,284 restricted ordinary shares of Recon (the “Restricted Shares”) to the other shareholders of FGS within 30 days after FGS finalizes recording Recon’s corresponding interest at the local governmental agency.
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures | shares	2,435,284
Subsequent Event [Member] | Minimum [Member]
Equity Method Investment, Ownership Percentage	8.00%
Subsequent Event [Member] | Maximum [Member]
Equity Method Investment, Ownership Percentage	43.00%

OTHER PAYABLES (Details)

OTHER PAYABLES (Details)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Other Payables [Line Items]
Total	¥ 3,170,670	$ 478,969	¥ 3,351,900
Third Party [Member]
Other Payables [Line Items]
Service	1,356,676	204,944	1,518,033
Distributors and employees	90,130	13,615	207,005
Funds collected on behalf of others	895,022	135,204	895,022
Advances from customers	157,856	23,846	130,100
Accrued expenses	411,898	62,222	193,274
Others	259,088	39,138	408,466
Total	¥ 3,170,670	$ 478,969	¥ 3,351,900

OTHER PAYABLES (Details 1)

OTHER PAYABLES (Details 1)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Other Payables [Line Items]
Total	¥ 3,170,670	$ 478,969	¥ 3,351,900
Related Party [Member]
Other Payables [Line Items]
Expenses paid by the major shareholders	2,767,349	418,041	3,062,709
Due to family member of the owner of BHD	193,143	29,177	0
Due to management staff for costs incurred on behalf of the Company	250,965	37,911	251,310
Total	¥ 3,211,457	$ 485,129	¥ 3,314,019

TAXES PAYABLE (Details)

TAXES PAYABLE (Details)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Taxes Payable [Line Items]
VAT payable	¥ 382,361	$ 57,760	¥ 632,831
Income tax payable	43,556	6,580	43,556
Other taxes payable	5,996	906	8,334
Total taxes payable	¥ 431,913	$ 65,246	¥ 684,721

SHORT-TERM BORROWINGS DUE TO 74

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES (Details)		Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		¥ 9,018,065	$ 1,362,287	¥ 10,168,008
Short Term Borrowings One [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	0	0	62,692
Short Term Borrowings Two [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	0	0	1,260,165
Short Term Borrowings Three [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	0	0	1,420,223
Short Term Borrowings Four [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	0	0	722,262
Short Term Borrowings Five [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	0	0	541,187
Short Term Borrowings Six [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	0	0	804,530
Short Term Borrowings Seven [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	0	0	350,000
Short Term Borrowing Eight [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	0	0	2,529,428
Short Term Borrowings Nine [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	[1]	0	0	2,477,521
Short Term Borrowings Ten [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		5,011,782	757,090	0
Short Term Borrowings Eleven [Member]
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		¥ 4,006,283	$ 605,197	¥ 0
[1]	The Company repaid the loan in full on maturity date.

SHORT-TERM BORROWINGS DUE TO 75

SHORT-TERM BORROWINGS DUE TO RELATED PARTIES (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Short Term Borrowings [Member]
Short-term Debt [Line Items]
Interest Expense, Related Party	¥ 325,185	$ 49,123	¥ 548,878	¥ 487,692
Short Term Borrowings One [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Aug. 24, 2017	Aug. 24, 2017
Debt Instrument, Interest Rate Percentage	5.655%	5.655%
Short Term Borrowings Two [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 Three [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 Four [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 Borrowings Five [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 Borrowings Six [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 Borrowings Seven [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Dec. 31, 2017	Dec. 31, 2017
Short Term Borrowings Eight [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 Borrowings Nine [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%
Short Term Borrowings Ten [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Dec. 15, 2018	Dec. 15, 2018
Debt Instrument, Interest Rate Percentage	5.655%	5.655%
Short Term Borrowings Eleven [Member]
Short-term Debt [Line Items]
Debt Instrument, Maturity Date	Mar. 21, 2019	Mar. 21, 2019
Debt Instrument, Interest Rate Percentage	5.655%	5.655%

LONG-TERM BORROWINGS DUE TO R76

LONG-TERM BORROWINGS DUE TO RELATED PARTY (Details) - Related Party Member [Member]	Jun. 30, 2019CNY (¥)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Long-term borrowing from a Founder, monthly payments of ¥126,135 inclusive of interest at 8.90%, ten years loan, due in November 2027.		¥ 9,663,729	$ 1,459,822	¥ 0
Less: current portion	¥ (108,749)	(719,895)	(108,749)	0
Total long-term borrowings due to related party		¥ 8,943,834	$ 1,351,073	¥ 0

LONG-TERM BORROWINGS DUE TO R77

LONG-TERM BORROWINGS DUE TO RELATED PARTY (Details) [Parenthetical] - Related Party Member [Member]	12 Months Ended
	Jun. 30, 2018CNY (¥)
Debt Instrument, Term	10 years
Long-term Borrowings [Member]
Debt Instrument, Periodic Payment	¥ 126,135
Debt Instrument, Interest Rate, Stated Percentage	8.90%
Debt Instrument, Maturity Date, Description	due in November 2027

LONG-TERM BORROWINGS DUE TO R78

LONG-TERM BORROWINGS DUE TO RELATED PARTY (Details 1) - Related Party Member [Member]	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
2,019	¥ 719,895	$ 108,749
2,020	747,630	112,938
2,021	816,952	123,410
2,022	892,701	134,853
2,023	975,474	147,357
Thereafter	5,511,077	832,515
Total	¥ 9,663,729	$ 1,459,822	¥ 0

LONG-TERM BORROWINGS DUE TO R79

LONG-TERM BORROWINGS DUE TO RELATED PARTY (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Longterm Borrowings [Member]
Interest Expense, Long-term Debt	¥ 546,676	$ 82,582	¥ 0	¥ 0

ORDINARY SHARES (Details Textua

ORDINARY SHARES (Details Textual)	Nov. 11, 2017CNY (¥)shares	Nov. 11, 2017USD ($)$ / sharesshares	Jan. 22, 2018USD ($)$ / sharesshares	Jan. 19, 2018shares	Nov. 20, 2017USD ($)$ / sharesshares	Jul. 27, 2016USD ($)shares	Oct. 18, 2015shares	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)	Jun. 30, 2016USD ($)	Jun. 30, 2018USD ($)
Equity [Line Items]
Proceeds from Issuance of Common Stock								¥ 65,004,531	$ 9,819,712	¥ 0	¥ 171,919
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			$ 626,745
Stock Issued During Period, Value, New Issues								65,004,531	$ 9,819,712		¥ 158,268	$ 23,908
Stock Issued During Period, Shares, Issued for Services | shares	221,268	221,268
Stock Issued During Period, Value, Issued for Services	¥ 1,554,908	$ 234,888						¥ 1,554,908	$ 234,888
Shares Issued, Price Per Share | $ / shares		$ 1.06
Xinhaixin International Holdings Limited [Member]
Equity [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares				3,000,000
Restricted Stock [Member]
Equity [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares							800,000
Stock Issued During Period, Shares, Issued for Services | shares						876,000
Stock Issued During Period, Value, Issued for Services | $						$ 963,600
Board of Directors Chairman [Member]
Equity [Line Items]
Number of Unregistered Restricted Shares to be Issued | shares					3,000,000
Gross Value of Unregistered Restricted Shares to be Received | $					$ 4,800,000
Net Value of Unregistered Restricted Shares to be Received | $					4,500,000
Board of Directors Chairman [Member] | Restricted Stock [Member]
Equity [Line Items]
Proceeds from Issuance or Sale of Equity | $					$ 2,400,000
Share Price | $ / shares					$ 1.60
Securities Purchase Agreement [Member]
Equity [Line Items]
Proceeds from Issuance of Common Stock | $			$ 5,300,000
Stock Issued During Period, Value, New Issues | $			$ 5,963,550
Share Price | $ / shares			$ 1.66
Number of Common Stock to be Issued | shares			3,592,500

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - $ / shares	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
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 (Det82

STOCK-BASED COMPENSATION (Details 1)	12 Months Ended
	Jun. 30, 2018$ / 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)	1 year 29 days
Exercisable Options, Average Exercise Price | $ / shares	$ 6
Exercisable Options, Number (in shares)	193,000
Exercisable Options, Average Remaining Contractual life (years)	1 year 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)	3 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)	3 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)	6 years 7 months 2 days
Exercisable Options, Average Exercise Price | $ / shares	$ 1.65
Exercisable Options, Number (in shares)	400,000
Exercisable Options, Average Remaining Contractual life (years)	6 years 7 months 2 days

STOCK-BASED COMPENSATION (Det83

STOCK-BASED COMPENSATION (Details 2) - shares	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
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	4,925,667	1,076,788
Granted - Shares	900,000	5,466,000
Vested - Shares	(1,783,667)	(1,617,121)
Non-vested, Ending Balance - Shares	4,042,000	4,925,667

STOCK-BASED COMPENSATION (Det84

STOCK-BASED COMPENSATION (Details 3) - Restricted Stock [Member]	12 Months Ended
	Jun. 30, 2018shares
Outstanding Restricted Shares, Number	4,042,000
Fair Value per Share 0.88 [Member]
Outstanding Restricted Shares, Number	260,333
Outstanding Restricted Shares, Average Remaining Amortization Period (Years)	3 months 18 days
Fair Value per Share 1.10 [Member]
Outstanding Restricted Shares, Number	596,667
Outstanding Restricted Shares, Average Remaining Amortization Period (Years)	1 year 25 days
Fair Value per Share 1.02 [Member]
Outstanding Restricted Shares, Number	900,000
Outstanding Restricted Shares, Average Remaining Amortization Period (Years)	2 years 3 months 14 days
Fair Value per Share 1.35 [Member]
Outstanding Restricted Shares, Number	2,210,000
Outstanding Restricted Shares, Average Remaining Amortization Period (Years)	1 year
Fair Value per Share 1.28 [Member]
Outstanding Restricted Shares, Number	75,000
Outstanding Restricted Shares, Average Remaining Amortization Period (Years)	9 months

STOCK-BASED COMPENSATION (Det85

STOCK-BASED COMPENSATION (Details Textual)	Nov. 11, 2017CNY (¥)shares	Nov. 11, 2017USD ($)shares	Oct. 13, 2017USD ($)$ / sharesshares	Apr. 05, 2017USD ($)$ / sharesshares	Dec. 09, 2016USD ($)$ / shares	Nov. 10, 2016USD ($)$ / sharesshares	Aug. 27, 2018	Nov. 17, 2017shares	Jul. 27, 2017shares	Apr. 24, 2017USD ($)$ / sharesshares	Mar. 31, 2017USD ($)$ / sharesshares	Jan. 23, 2017shares	Oct. 27, 2016shares	Jul. 27, 2016USD ($)$ / sharesshares	Oct. 18, 2015USD ($)$ / sharesshares	Jan. 31, 2015USD ($)$ / sharesshares	Jan. 31, 2015$ / shares¥ / shares	Jun. 30, 2018CNY (¥)shares	Jun. 30, 2018USD ($)shares	Jun. 30, 2017CNY (¥)shares	Jun. 30, 2016CNY (¥)	Jun. 30, 2019shares
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
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				1 year			1 year
Stock Issued During Period, Shares, Issued for Services	221,268	221,268
Stock Issued During Period, Value, Issued for Services	¥ 1,554,908	$ 234,888																¥ 1,554,908	$ 234,888
Restricted Stock Closing Price | $ / shares					$ 1.35
Share-based Compensation																		¥ 840,286	$ 126,935	¥ 2,039,446	¥ 2,096,162
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | $					$ 4,063,500
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures																		1,563,667	1,563,667	508,909
December 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																		800,000	800,000
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																		900,000	900,000	5,466,000
Stock or Unit Option Plan Expense																		¥ 14,621,838	$ 2,208,804	¥ 12,904,723	3,595,146
Stock Issued During Period, Shares, Issued for Services														876,000
Stock Issued During Period, Value, Issued for Services | $														$ 963,600
Restricted Stock Closing Price | $ / shares														$ 1.10
Stock Issued During Period, Shares, Restricted Stock Award, Gross															800,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number																		4,042,000	4,042,000
Shares, Outstanding																		1,563,667	1,563,667	508,909
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
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period													250,000
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 Closing Price | $ / shares														$ 1.10
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
Stock Issued During Period, Value, Issued for Services | $						$ 300,993
Restricted Stock Closing Price | $ / shares						$ 0.9121
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
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period								125,000
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								100,000			200,000
Stock Issued During Period, Value, Issued for Services | $											$ 256,020
Restricted Stock Closing Price | $ / shares											$ 1.2801
Restricted Stock [Member] | April 2017 [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				300,000
Restricted Stock [Member] | April 2017 [Member] | Independent Company [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
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 Closing Price | $ / shares				$ 1.30						$ 1.101
Restricted Stock [Member] | October 2017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Closing Price | $ / shares			$ 1.02
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | $			$ 919,800
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			900,000
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																		9 months	9 months
Stock or Unit Option Plan Expense																		¥ 3,050,896	$ 460,874	¥ 8,399,240	2,287,415
Share-based Compensation																		¥ 660,000	$ 100,000
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
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, Equity Instruments Other than Options, Nonvested, Number																				260,332
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period																				520,667
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 3 months 22 days	1 year 3 months 22 days
Share-based Compensation																		¥ 18,570,000	$ 2,800,000
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
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number																		2,210,000	2,210,000			2,210,000
Mr Yin Shenping [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Gross																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 | $																$ 495,000
Restricted Stock Closing Price | $ / shares																$ 1.65	$ 1.65
Stock Issued During Period, Shares, Restricted Stock Award, Gross																150,000
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock or Unit Option Plan Expense																		¥ 840,286	$ 126,935	¥ 2,039,446	¥ 2,096,162
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	$ 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)																$ 1.65	$ 10.13
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, Equity Instruments Other than Options, Forfeited in Period																				19,000
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
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period														19,000

INCOME TAX (Details)

INCOME TAX (Details)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Income Taxes [Line Items]
Outside China areas	¥ (21,599,806)	$ (3,262,908)	¥ (28,079,918)	¥ (14,257,066)
China	(23,759,198)	(3,589,113)	(2,815,983)	(26,079,666)
Total	¥ (45,359,004)	$ (6,852,021)	¥ (30,895,901)	¥ (40,336,732)

INCOME TAX (Details 1)

INCOME TAX (Details 1)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Income Taxes [Line Items]
Allowance for doubtful receivables	¥ 703,545	$ 106,279	¥ 925,907
Loss from investment in unconsolidated entity	605,660	91,492	0
Net operating loss carryforwards	6,911,270	1,044,030	3,425,411
Less: Valuation allowance	(8,220,475)	(1,241,801)	(4,351,318)
Deferred income tax assets, net	¥ 0	$ 0	¥ 0

INCOME TAX (Details 2)

INCOME TAX (Details 2)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Income tax benefits calculated at statutory rates	¥ (5,679,505)	$ (857,957)	¥ (580,551)	¥ (6,230,384)
Nondeductible expenses and others	(65,427)	(9,884)	93,709	1,774,956
Benefit of favorable rate for high-technology companies	2,009,486	303,557	232,221	2,492,154
Benefit of revenue exempted from enterprise income tax	(55,748)	(8,421)	(19,919)	(43,363)
Change in valuation allowances	3,869,157	584,482	602,583	3,748,735
Tax refund	(61,733)	(9,325)	(20,143)	(1,196,253)
Provision for income tax	¥ 16,230	$ 2,452	¥ 307,900	¥ 545,845

INCOME TAX (Details 3)

INCOME TAX (Details 3)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Income Taxes [Line Items]
Current income tax provision	¥ 16,230	$ 2,452	¥ 307,900	¥ 0
Adjust over accrued tax of prior years	0	0	0	(1,196,253)
Deferred income taxes provision	0	0	0	1,742,098
Provision for income tax	¥ 16,230	$ 2,452	¥ 307,900	¥ 545,845

INCOME TAX (Details Textual)

INCOME TAX (Details Textual)	12 Months Ended
	Jun. 30, 2018
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, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)
Noncontrolling Interest [Line Items]
Paid-in capital	¥ 207,490,280	$ 31,343,890	¥ 123,436,043
Accumulated other comprehensive loss	1,516,093	229,024	(249,156)
Total non-controlling interest	10,861,930	1,640,824	8,464,843
Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	5,551,000	838,544	1,851,000	$ 273,113
Unappropriated retained earnings	5,341,633	806,918	6,644,546	980,395
Accumulated other comprehensive loss	(30,703)	(4,638)	(30,703)	(4,531)
Total non-controlling interest	10,861,930	$ 1,640,824	8,464,843	$ 1,248,977
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		3,491,859
Accumulated other comprehensive loss	(11,853)		(11,853)
Total non-controlling interest	3,680,006		¥ 3,680,006
Gan Su BHD [Member] | Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	3,500,000
Unappropriated retained earnings	(548,899)
Accumulated other comprehensive loss	0
Total non-controlling interest	2,951,101
Qinghai BHD [Member] | Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	200,000
Unappropriated retained earnings	(754,014)
Accumulated other comprehensive loss	0
Total non-controlling interest	¥ (554,014)

CONCENTRATIONS (Details Textual

CONCENTRATIONS (Details Textual)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Supplier Two [Member] | Accounts Payable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	58.00%		49.00%
Supplier Three [Member] | Accounts Payable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		43.00%
Three Suppliers Concentration Risk [Member] | Accounts Payable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	60.00%	61.00%	67.00%
China National Petroleum Corporation [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	45.00%	72.00%	75.00%
China National Petroleum Corporation [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	29.00%	42.00%	59.00%
Customer One [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	43.00%	10.00%
Customer One [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	22.00%	22.00%	22.00%
Customer Two [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	14.00%	16.00%

COMMITMENTS AND CONTINGENCY (De

COMMITMENTS AND CONTINGENCY (Details) - Jun. 30, 2018	CNY (¥)	USD ($)
Commitment and Contingencies [Line Items]
2,019	¥ 2,623,077	$ 396,247
2,020	1,332,923	201,354
Total	¥ 3,956,000	$ 597,601

COMMITMENTS AND CONTINGENCY (94

COMMITMENTS AND CONTINGENCY (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Commitment and Contingencies [Line Items]
Severance Costs	¥ 2,000,000	$ 300,000
Office Leases [Member]
Commitment and Contingencies [Line Items]
Operating Leases, Rent Expense	¥ 28,596,809	$ 432,008	¥ 1,664,128	¥ 1,323,170

RELATED PARTY TRANSACTIONS AN95

RELATED PARTY TRANSACTIONS AND BALANCES (Details)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Related Party Transaction [Line Items]
Purchases from related parties	¥ 0	$ 0	¥ 0	¥ 927,756
Huanghua Heng Da Xiang Tong Manufacture Ltd [Member]
Related Party Transaction [Line Items]
Purchases from related parties	0	0	0	338,862
Xiamen Huangsheng Hitek Computer Network Co. Ltd. [Member]
Related Party Transaction [Line Items]
Purchases from related parties	¥ 0	$ 0	¥ 0	¥ 588,894

RELATED PARTY TRANSACTIONS AN96

RELATED PARTY TRANSACTIONS AND BALANCES (Details 1)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)
Monthly Payment [Member]
Operating Leases, Rent Expense	¥ 1,680,000	$ 250,000
Bhd [Member]
Lessee, Operating Lease, Period of Contract	January 1, 2018 - December 31, 2018	January 1, 2018 - December 31, 2018
Recon BJ [Member]
Lessee, Operating Lease, Period of Contract	July 1, 2016 - June 30, 2018	July 1, 2016 - June 30, 2018
Yin Shenping [Member] | Nanjing Recon [Member]
Lessee, Operating Lease, Period of Contract	April 1, 2018 - March 31, 2020	April 1, 2018 - March 31, 2020
Yin Shenping [Member] | Nanjing Recon [Member] | Monthly Payment [Member]
Operating Leases, Rent Expense	¥ 60,000	$ 9,064
Yin Shenping [Member] | Recon BJ [Member] | Monthly Payment [Member]
Operating Leases, Rent Expense	¥ 10,000	$ 1,511
Chen Guangqiang [Member] | Bhd [Member]
Lessee, Operating Lease, Period of Contract	January 1, 2018 - December 31, 2018	January 1, 2018 - December 31, 2018
Chen Guangqiang [Member] | Bhd [Member] | Monthly Payment [Member]
Operating Leases, Rent Expense	¥ 22,500	$ 3,399
Mr Chen Family Member [Member] | Bhd [Member] | Monthly Payment [Member]
Operating Leases, Rent Expense	¥ 47,500	$ 7,175

RELATED PARTY TRANSACTIONS AN97

RELATED PARTY TRANSACTIONS AND BALANCES (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Related Party Transaction [Line Items]
Short-term borrowings from related parties	¥ 0		$ 0	¥ 300,000
Expenses Paid By Related Party	2,767,349		418,041	3,062,709
Monthly Payment [Member]
Related Party Transaction [Line Items]
Operating Leases, Rent Expense	1,680,000	$ 250,000
Related Party [Member]
Related Party Transaction [Line Items]
Short-term borrowings from related parties	9,018,065		1,362,287	10,168,008
Long-term borrowings from related parties	9,663,729		$ 1,459,822	¥ 0
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, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2017USD ($)	Jun. 30, 2016CNY (¥)	Jun. 30, 2015CNY (¥)
Current Assets
Cash and cash equivalents	¥ 45,340,578	$ 6,849,237	¥ 3,809,279	$ 575,437	¥ 1,817,620	¥ 12,344,929
Notes receivable	3,995,962	603,638	6,112,960
Trade accounts receivable, net	24,254,007	3,663,858	39,425,911
Purchase advances, net	12,654,546	1,911,621	11,476,000
Total current assets	100,834,569	15,232,270	68,387,075
Total Assets	121,807,517	18,400,484	71,155,045
LIABILITIES
Trade accounts payable	8,754,347	1,322,449	8,352,870
Taxes payable	431,913	65,246	684,721
Other liabilities	3,170,670	478,969	3,351,900
Total Current Liabilities	25,991,921	3,926,393	29,445,757
Total Liabilities	34,935,755	5,277,466	29,445,757
Variable Interest Entity, Primary Beneficiary [Member]
Current Assets
Cash and cash equivalents	7,336,672	1,108,292	3,506,540
Notes receivable	3,995,962	603,638	6,112,960
Trade accounts receivable, net	24,254,007	3,663,858	39,425,911
Purchase advances, net	12,654,546	1,911,621	11,476,000
Other assets	14,281,461	2,157,386	7,450,483
Total current assets	62,522,648	9,444,795	67,971,894
Non-current assets	20,966,716	3,167,273	2,757,404
Total Assets	83,489,364	12,612,068	70,729,298
LIABILITIES
Trade accounts payable	8,754,347	1,322,449	8,352,870
Taxes payable	278,184	42,023	684,721
Other liabilities	14,730,356	2,225,197	16,372,863
Total Current Liabilities	23,762,887	3,589,669	25,410,454
Non-current liabilities	8,943,834	1,351,073	0
Total Liabilities	¥ 32,706,721	$ 4,940,742	¥ 25,410,454

VARIABLE INTEREST ENTITIES (D99

VARIABLE INTEREST ENTITIES (Details Textual)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Variable Interest Entity [Line Items]
Revenues	¥ 84,712,046	$ 12,796,768	¥ 60,054,462	¥ 42,728,277
Operating expenses	45,075,081	6,809,130	46,574,986	47,158,012
Net income (loss)	44,072,321	6,657,652	31,445,147	40,882,577
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Revenues	84,712,046	12,796,768	60,054,462	42,728,277
Operating expenses	22,441,733	3,390,092	18,074,743	31,590,843
Net income (loss)	¥ (22,734,249)	$ (3,434,280)	¥ (2,757,013)	¥ (25,481,256)

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Revenues	¥ 84,712,046	$ 12,796,768	¥ 60,054,462	¥ 42,728,277
Automation product and software [Member]
Revenues	18,989,924	2,868,655	22,399,066	26,171,906
Equipment and accessories [Member]
Revenues	63,960,425	9,661,988	26,658,094	14,221,914
Oilfield environmental protection [Member]
Revenues	¥ 1,761,697	$ 266,125	¥ 10,997,302	¥ 2,334,457

SEGMENT REPORTING (Details 1)

SEGMENT REPORTING (Details 1)	12 Months Ended
	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)	Jun. 30, 2016CNY (¥)
Revenue	¥ 84,712,046	$ 12,796,768	¥ 60,054,462	¥ 42,728,277
Cost of revenue and related tax	80,561,861	12,169,833	44,090,960	35,481,394
Gross profit	4,150,185	626,935	15,963,502	7,246,883
Depreciation and amortization	1,119,049	169,046	856,735	955,083
Total capital expenditures	12,022,482		638,119	181,075
Automation product and software [Member]
Revenue	18,989,924	2,868,655	22,399,066	26,171,906
Cost of revenue and related tax	17,036,393		12,593,429	20,548,568
Gross profit	1,953,531		9,805,637	5,623,338
Depreciation and amortization	48,127		39,846	67,091
Total capital expenditures	100,327		75,809	6,477
Equipment and accessories [Member]
Revenue	63,960,425	9,661,988	26,658,094	14,221,914
Cost of revenue and related tax	62,115,400		22,023,851	13,126,589
Gross profit	1,845,025		4,634,243	1,095,325
Depreciation and amortization	1,044,079		816,889	887,992
Total capital expenditures	1,403,083		562,310	174,598
Oilfield environmental protection [Member]
Revenue	1,761,697	$ 266,125	10,997,302	2,334,457
Cost of revenue and related tax	1,410,068		9,473,680	1,806,237
Gross profit	351,629		1,523,622	528,220
Depreciation and amortization	26,843		0	0
Total capital expenditures	¥ 10,519,072		¥ 0	¥ 0

SEGMENT REPORTING (Details 2)

SEGMENT REPORTING (Details 2)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017CNY (¥)
Assets [Abstract]
Assets	¥ 121,807,517	$ 18,400,484	¥ 71,155,045
Automation product and software [Member]
Assets [Abstract]
Assets	53,284,643	8,049,284	35,865,376
Equipment and accessories [Member]
Assets [Abstract]
Assets	40,365,472	6,097,688	35,289,669
Oilfield environmental protection [Member]
Assets [Abstract]
Assets	¥ 28,157,402	$ 4,253,512	¥ 0

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual) - USD ($)	Apr. 05, 2017	Dec. 09, 2016	Aug. 27, 2018
Subsequent Event [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized			25,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value		$ 4,063,500
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	1 year		1 year
Restricted Stock Units (RSUs) [Member]
Subsequent Event [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized			1,956,000
Subsequent Event [Member] | 2015 Equity Incentive Plan [Member]
Subsequent Event [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			3 years
Subsequent Event [Member] | Restricted Stock [Member]
Subsequent Event [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value			$ 1.28
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value			$ 32,000
Subsequent Event [Member] | Restricted Stock Units (RSUs) [Member] | 2015 Equity Incentive Plan [Member]
Subsequent Event [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value			$ 2,503,680