Recon Technology (RCON) 20-F 28 Oct 22 2022 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Jun. 30, 2022 shares
Document Information [Line Items]
Entity Registrant Name	RECON TECHNOLOGY, LTD
Entity Central Index Key	0001442620
Document Type	20-F
Document Period End Date	Jun. 30, 2022
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Trading Symbol	RCON
Title of 12(b) Security	Class A Ordinary Shares, $0.0925 par value per share
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding	26,868,391
Document Registration Statement	false
Entity File Number	001-34409
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	Room 601, No. 1 Shui’an South Street
Entity Address, Address Line Two	Chaoyang District
Entity Address, City or Town	Beijing
Entity Address, Postal Zip Code	100012
Entity Address, Country	CN
Document Transition Report	false
Document Annual Report	true
Document Shell Company Report	false
Document Accounting Standard	U.S. GAAP
Auditor Name	Friedman LLP
Auditor Firm ID	711
Auditor Location	New York
Business Contact [Member]
Document Information [Line Items]
Entity Address, Address Line One	Room 601, No. 1 Shui’an South Street
Entity Address, Address Line Two	Chaoyang District
Entity Address, City or Town	Beijing
Entity Address, Postal Zip Code	100012
Entity Address, Country	CN
City Area Code	+86
Local Phone Number	(10) 8494 5799
Contact Personnel Name	Liu Jia
Contact Personnel Email Address	liujia@recon.cn

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Current assets
Cash	¥ 317,000,000	$ 47,300,000	¥ 343,998,570
Restricted cash	723,560	108,031	0
Notes receivable	10,828,308	1,616,715	6,305,633
Trade accounts receivable, net	22,577,980	3,370,994	26,686,888
Inventories, net	3,894,369	581,447	3,644,522
Other receivables, net	5,501,833	821,448	6,939,676
Loans to third parties	50,383,822	7,522,532	50,476,782
Purchase advances, net	178,208	26,607	1,078,137
Contract costs, net	33,858,820	5,055,274	48,795,906
Prepaid expenses	420,284	62,750	146,071
Prepaid expenses - related parties	275,000	41,059	433,000
Total current assets	445,617,041	66,532,628	488,505,185
Property and equipment, net	25,474,162	3,803,407	27,138,768
Construction in progress	239,739	35,794
Land use right, net	1,226,169	183,073	1,253,408
Intangible assets, net	5,950,000	888,362	6,650,000
Investment in unconsolidated entity			27,931,795
Long-term other receivables, net	1,564,381	233,569	114,679
Goodwill	4,730,002	706,211	6,996,895
Operating lease right-of-use assets	5,440,590	812,305	7,925,930
Total Assets	490,242,084	73,195,349	566,516,660
Current liabilities
Short-term bank loans	10,000,000	1,493,045	15,000,000
Trade accounts payable	16,739,989	2,499,356	21,956,481
Other payable	3,533,918	527,630	9,862,762
Other payable- related parties	2,240,135	334,462	2,400,667
Contract liabilities	2,001,277	298,800	7,686,276
Accrued payroll and employees' welfare	2,250,547	336,017	1,954,484
Taxes payable	2,210,958	330,106	1,248,994
Short-term borrowings			530,000
Short-term borrowings - related parties	9,009,156	1,345,107	12,676,042
Long-term borrowings - related party - current portion	999,530	149,234	920,066
Operating lease liabilities - current	3,892,774	581,209	2,226,832
Total Current Liabilities	52,878,284	7,894,966	76,462,604
Operating lease liabilities - non-current	2,184,635	326,176	4,792,101
Long-term borrowings - related party	5,511,076	822,828	6,486,551
Contract liabilities - non-current	106,000	15,826
Deferred tax liability			624,088
Warrant liability	16,677,328	2,490,000	190,635,850
Total Liabilities	77,357,323	11,549,796	279,001,194
Commitments and Contingencies
Equity
Additional paid-in capital	496,038,696	74,060,807	479,490,763
Statutory reserve	4,148,929	619,454	4,148,929
Accumulated deficit	(111,273,525)	(16,613,637)	(206,860,320)
Accumulated other comprehensive income	11,307,461	1,688,255	1,974,836
Total shareholders' equity	420,631,729	62,802,209	295,095,034
Non-controlling interests	(7,746,968)	(1,156,656)	(7,579,568)
Total equity	412,884,761	61,645,553	287,515,466
Total Liabilities and Equity	490,242,084	73,195,349	566,516,660
Class A ordinary shares
Equity
Common stock value	18,001,670	2,687,730	¥ 16,340,826
Class B ordinary shares
Equity
Common stock value	¥ 2,408,498	$ 359,600

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical)	Jun. 30, 2022 CNY (¥) shares	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2021 CNY (¥) shares
Rights of use lease assets, net	¥ 5,440,590	$ 812,305	¥ 7,925,930
Operating lease liabilities - current	3,892,774	581,209	2,226,832
Operating lease liabilities - non-current	¥ 2,184,635	$ 326,176	¥ 4,792,101
Class A ordinary shares
Ordinary shares, par value (in dollars per share) | (per share)		$ 0.0925
Ordinary shares, shares authorized	150,000,000	150,000,000	150,000,000
Ordinary shares, shares issued	29,700,718	29,700,718	26,868,391
Ordinary shares, shares outstanding	29,700,718	29,700,718	26,868,391
Class B ordinary shares
Ordinary shares, par value (in dollars per share) | (per share)		$ 0.0925
Ordinary shares, shares authorized	20,000,000	20,000,000	20,000,000
Ordinary shares, shares issued	4,100,000	4,100,000	0
Ordinary shares, shares outstanding	4,100,000	4,100,000	0
Related Party
Rights of use lease assets, net	¥ 765,241	$ 114,254	¥ 352,775
Operating lease liabilities - current	429,265	64,091	352,775
Operating lease liabilities - non-current	¥ 335,976	$ 50,163	¥ 0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME	12 Months Ended
	Jun. 30, 2022 CNY (¥) ¥ / shares shares	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2021 CNY (¥) ¥ / shares shares	Jun. 30, 2020 CNY (¥) ¥ / shares shares
Revenues	¥ 83,777,571	$ 12,508,368	¥ 47,938,575	¥ 65,760,651
Cost of revenues	64,352,834	9,608,167	40,723,547	46,154,255
Gross profit	19,424,737	2,900,201	7,215,028	19,606,396
Selling and distribution expenses	10,150,802	1,515,560	8,038,965	4,417,413
General and administrative expenses	83,281,958	12,434,371	45,949,157	26,120,099
Provision for (net recovery of) credit losses	(658,823)	(98,365)	8,191,247	2,203,531
Impairment loss of property and equipment	0		768,312	0
Research and development expenses	8,964,217	1,338,398	5,846,295	7,042,385
Operating expenses	101,738,154	15,189,964	68,793,976	39,783,428
Loss from operations	(82,313,417)	(12,289,763)	(61,578,948)	(20,177,032)
Other income (expenses)
Subsidy income	11,993	1,791	355,667	1,210,318
Interest income	5,567,979	801,463	918,629	54,746
Interest expense	(1,522,526)	(227,320)	(2,210,005)	(1,451,890)
Income (loss) from investment in unconsolidated entity	15,411	2,301	(266,707)	462,879
Fair value changes of warrants liability	174,485,575	26,051,481	35,365,792	0
Remeasurement gain of previously held equity interests in connection with step acquisition			979,254	0
Foreign exchange transaction loss	(118,456)	(17,686)	(146,898)	(17,720)
Impairment loss on goodwill	(2,266,893)	(338,457)	0	0
Other income	15,855	2,367	192,137	78,417
Other income, net	175,988,938	26,275,940	35,187,869	336,750
Income (loss) before income tax	93,675,521	13,986,177	(26,391,079)	(19,840,282)
Income tax expenses (benefit)	(613,874)	(91,654)	(524,251)	282,322
Net income (loss)	94,289,395	14,077,831	(25,866,828)	(20,122,604)
Less: Net loss attributable to non-controlling interests	(1,297,400)	(193,708)	(3,034,094)	(875,903)
Net income (loss) attributable to Recon Technology, Ltd	95,586,795	14,271,539	(22,832,734)	(19,246,701)
Comprehensive income (loss)
Net income (loss)	94,289,395	14,077,831	(25,866,828)	(20,122,604)
Foreign currency translation adjustment	9,332,625	1,393,403	(850,895)	(84,205)
Comprehensive income (loss)	103,622,020	15,471,234	(26,717,723)	(20,206,809)
Less: Comprehensive loss attributable to non- controlling interests	(1,297,400)	(193,708)	(3,034,094)	(875,903)
Comprehensive income (loss) attributable to Recon Technology, Ltd	¥ 104,919,420	$ 15,664,942	¥ (23,683,629)	¥ (19,330,906)
Earning (loss) per share -Basic | (per share)	¥ 3.19	$ 0.48	¥ (1.80)	¥ (4.16)
Earning (loss) per share -Diluted | (per share)	¥ 3.19	$ 0.48	¥ (1.80)	¥ (4.16)
Weighted average shares -Basic | shares	30,002,452	30,002,452	12,697,024	4,624,615
Weighted average shares -Diluted | shares	30,002,452	30,002,452	12,697,024	4,624,615
third party
Revenues	¥ 83,777,571	$ 12,508,368	¥ 47,852,918	¥ 65,760,651
Cost of revenues	¥ 64,352,834	$ 9,608,167	40,723,547	46,154,255
related party
Revenues			¥ 85,657	¥ 0

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY		Class A ordinary shares Common stock CNY (¥) shares	Class B ordinary shares Common stock CNY (¥) shares	Additional Paid-in Capital [Member] CNY (¥)	Statutory Reserve [Member] CNY (¥)	Accumulated deficit [Member] CNY (¥)	Accumulated Other Comprehensive income [Member] CNY (¥)	Shareholders' Equity [Member] CNY (¥)	Non-controlling Interest [Member] CNY (¥)	CNY (¥) shares	USD ($) shares
Opening Balance at Jun. 30, 2019		¥ 2,712,773		¥ 250,624,798	¥ 4,148,929	¥ (164,780,885)	¥ 2,909,936	¥ 95,615,551	¥ 11,085,429	¥ 106,700,980	$ 15,930,932
Opening Balance (in shares) at Jun. 30, 2019	[1]	4,361,634
Capital contribution in non-controlling interests									405,000	405,000	60,468
Share issuance		¥ 1,701,005		24,065,350				25,766,355		25,766,355	3,847,033
Share issuance (in shares)	[1]	2,591,112
Restricted shares issued for management		¥ 163,455		7,781,380				7,944,835		7,944,835	1,186,200
Restricted shares issued for management (in shares)	[1]	250,086
Restricted shares issued for service				33,927				33,927		33,927	5,065
Net income (loss) for the year						(19,246,701)		(19,246,701)	(875,903)	(20,122,604)	(3,004,395)
Foreign currency translation adjustment							(84,205)	(84,205)		(84,205)	(12,572)
Ending Balance at Jun. 30, 2020		¥ 4,577,233		282,505,455	4,148,929	(184,027,586)	2,825,731	110,029,762	10,614,526	120,644,288	18,012,731
Ending Balance (in shares) at Jun. 30, 2020	[1]	7,202,832
Capital contribution receivable due from non-controlling Interest									(50,000,000)	(50,000,000)	(7,465,225)
Step acquisition of FGS									34,790,000	34,790,000	5,194,303
Capital contribution in non-controlling interests									50,000	50,000	7,465
Share issuance		¥ 3,579,783		77,511,358				81,091,141		81,091,141	12,107,272
Share issuance (in shares)	[1]	6,014,102
Share issuance for warrants exercised		¥ 1,563,589		19,566,446				21,130,035		21,130,035	3,154,809
Share issuance for warrants exercised (in shares)	[1]	2,591,112
Proceeds from Pre-founded warrants		¥ 791,658		29,484,911				30,276,569		30,276,569	4,520,428
Proceeds from Pre-founded warrants (in shares)	[1]	1,330,000
Restricted shares issued for management		¥ 112,839		6,027,198				6,140,037		6,140,037	916,735
Restricted shares issued for management (in shares)	[1]	188,662
Issuance of common share in exchange of shares of Starry, net of issuance costs		¥ 187,133		27,488,317				27,675,450		27,675,450	4,132,069
Issuance of common share in exchange of shares of Starry, net of issuance costs (in shares)	[1]	316,345
Share issuance for convertible notes redemption		¥ 5,528,591		36,907,078				42,435,669		42,435,669	6,335,836
Share issuance for convertible notes redemption (in shares)	[1]	9,225,338
Net income (loss) for the year						(22,832,734)		(22,832,734)	(3,034,094)	(25,866,828)	(3,862,028)
Foreign currency translation adjustment							(850,895)	(850,895)		(850,895)	(127,042)
Ending Balance at Jun. 30, 2021		¥ 16,340,826		479,490,763	4,148,929	(206,860,320)	1,974,836	295,095,034	(7,579,568)	287,515,466	42,927,353
Ending Balance (in shares) at Jun. 30, 2021	[1]	26,868,391
Capital contribution in non-controlling interests									1,130,000	1,130,000	168,714
Restricted shares issued for management		¥ 76,804	¥ 2,408,498	36,778,183				39,263,485		¥ 39,263,485	$ 5,862,215
Restricted shares issued for management (in shares)	[1]	128,672	4,100,000
Share issuance for convertible notes redemption (in shares)										9,225,338	9,225,338
Share issuance for Pre-founded warrants		¥ 859,413		(766,092)				93,321		¥ 93,321	$ 13,933
Share issuance for Pre-founded warrants (in share)	[1]	1,470,000
Cancellation of ordinary shares issued to Starry Lab		¥ (187,133)		(27,488,317)				(27,675,450)		(27,675,450)	(4,132,069)
Cancellation of ordinary shares issued to Starry Lab (in shares)	[1]	(316,345)
Restricted shares issued for services (in shares)	[1]	1,550,000
Restricted shares issued for service		¥ 911,760		8,024,159				8,935,919		8,935,919	1,334,173
Net income (loss) for the year						95,586,795		95,586,795	(1,297,400)	94,289,395	14,077,831
Foreign currency translation adjustment							9,332,625	9,332,625		9,332,625	1,393,403
Ending Balance at Jun. 30, 2022		¥ 18,001,670	¥ 2,408,498	¥ 496,038,696	¥ 4,148,929	¥ (111,273,525)	¥ 11,307,461	¥ 420,631,729	¥ (7,746,968)	¥ 412,884,761	$ 61,645,553
Ending Balance (in shares) at Jun. 30, 2022	[1]	29,700,718	4,100,000
[1]Retrospectively restated for effect of share split on December 27, 2019 and change in class of shares on April 5, 2021.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS	12 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Cash flows from operating activities:
Net income (loss)	$ 14,077,831	¥ 94,289,395	¥ (25,866,828)	¥ (20,122,604)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	498,657	3,339,868	3,150,789	1,609,700
Loss (gain) from disposal of equipment	7,260	48,628	19,590	(89,156)
Changes in warrants liability	(26,051,481)	(174,485,575)	(35,365,792)	0
Amortization of offering cost of warrants			12,584,024	0
Provision of (net recovery of) credit losses	(98,365)	(658,823)	8,191,247	2,203,531
Provision for slow moving inventories	39,758	266,285	654,673	56,817
Impairment loss of property and equipment		0	768,312	0
Impairment loss on goodwill	338,457	2,266,893	0	0
Amortization of right of use assets	468,595	3,138,518	1,866,803	1,408,551
Restricted shares issued for management and employees	5,862,215	39,263,485	6,140,037	7,944,835
Remeasurement gain of previously held equity interests in connection with step acquisition			(979,254)	0
Loss (income) from investment in unconsolidated entity	(2,301)	(15,411)	266,707	(462,879)
Deferred tax benefit	(93,179)	(624,087)	(425,913)	0
Interest expenses related to convertible notes			430,416	0
Accrured interest income from loans to third parties	(40,396)	(270,563)	0	0
Restricted shares issued for services	1,334,173	8,935,919	0	33,927
Changes in operating assets and liabilities:
Notes receivable	(675,256)	(4,522,674)	(2,124,748)	(1,107,205)
Trade accounts receivable	569,129	3,811,866	18,326,410	18,428,088
Trade accounts receivable-related party			3,409,912	0
Inventories	(102,914)	(689,291)	(2,502,263)	(1,124,935)
Other receivables	42,669	285,786	(338,468)	(287,242)
Purchase advances	129,213	865,430	(899,371)	1,210,309
Contract costs	2,302,651	15,422,513	(21,944,876)	(26,938,013)
Prepaid expense	(40,942)	(274,215)	143,354	(5,457)
Prepaid expense - related parties	23,590	158,000	(433,000)	217,600
Operating lease liabilities	(238,096)	(1,594,702)	(2,762,949)	(1,419,402)
Trade accounts payable	(824,749)	(5,523,938)	(2,109,944)	8,205,660
Other payables	(944,953)	(6,329,042)	5,685,188	(14,175)
Other payables-related parties	144,746	969,468	(2,577,610)	2,207,445
Contract liabilities	(832,970)	(5,578,999)	4,160,456	3,366,033
Accrued payroll and employees' welfare	44,204	296,065	(1,593,822)	533,109
Taxes payable	143,626	961,964	76,452	(1,085,213)
Net cash used in operating activities	(3,918,828)	(26,247,237)	(34,050,468)	(5,230,676)
Cash flows from investing activities:
Purchases of property and equipment	(103,349)	(692,206)	(522,416)	(85,974)
Proceeds from disposal of equipment			0	900
Repayments of third parties loans	25,596,021	171,435,032	5,150,377	11,239,623
Payments made for loans to third parties	(25,541,745)	(171,071,510)	(51,638,458)	(9,480,000)
Payments and prepayments for construction in progress			0	(3,782,912)
Step acquisition of FGS, net of cash			471,843	0
Net cash used in investing activities	(49,073)	(328,684)	(46,538,654)	(2,108,363)
Cash flows from financing activities:
Proceeds from short-term bank loans	1,493,045	10,000,000	16,020,000	9,520,000
Repayments of short-term bank loans	(2,239,567)	(15,000,000)	(10,540,000)	(2,500,000)
Proceeds from short-term borrowings			3,660,000	200,000
Repayments of short-term borrowings	(79,131)	(530,000)	(3,360,000)	(1,000,000)
Proceeds from short-term borrowings-related parties	1,657,280	11,100,000	18,400,000	17,415,000
Repayments of short-term borrowings-related parties	(2,205,227)	(14,770,000)	(15,950,000)	(16,195,000)
Repayments of long-term borrowings-related party	(133,284)	(892,701)	(816,952)	(747,630)
Proceeds from warrants issued with common stock			212,051,414	0
Proceeds from sale of ordinary shares, net of issuance costs			81,091,141	26,141,051
Proceeds from sale of prefunded warrants, net of issuance costs	13,933	93,321	30,276,569	0
Proceeds from share issuance for warrants exercised			21,130,035	0
Proceeds from issuance of convertible notes			42,014,616	0
Capital contribution by non-controlling shareholders	0	0	50,000	405,000
Net cash provided by (used in) financing activities	(1,492,951)	(9,999,380)	394,026,823	33,238,421
Effect of exchange rate fluctuation on cash	1,534,121	10,275,148	224,365	(84,203)
Net increase (decrease) in cash and restricted cash	(3,926,731)	(26,300,153)	313,662,066	25,815,179
Cash and restricted cash at beginning of year	51,360,533	343,998,570	30,336,504	4,521,325
Cash and restricted cash at end of year	47,433,802	317,698,417	343,998,570	30,336,504
Supplemental cash flow information
Cash paid during the year for interest	213,084	1,427,174	1,682,863	1,400,462
Cash paid (received) during the year for taxes	1,525	10,214	(98,338)	282,322
Reconciliation of cash and restricted cash
Cash	51,360,533	343,998,570	30,336,504	4,521,325
Restricted cash		0	0	0
Cash and restricted cash at beginning of year	51,360,533	343,998,570	30,336,504	4,521,325
Cash	47,325,771	316,974,857	343,998,570	30,336,504
Restricted cash	108,031	723,560	0	0
Cash and restricted cash at end of year	47,433,802	317,698,417	343,998,570	30,336,504
Non-cash investing and financing activities
Issuance of common stock in exchange of shares of FGS, net of issuance costs			1,689,807	0
Cancellation of common stock issued prior years in exchange of shares of FGS , net of issuance costs			(1,689,807)	0
Issuance of common stock in exchange of shares of Starry, net of issuance costs			27,675,450	0
Cancellation of ordinary shares issued to Starry	(4,132,069)	(27,675,450)	0	0
Conversion of convertible notes to 9,225,338 shares of ordinary shares			42,435,669	0
Right-of-use assets obtained in exchange for operating lease obligations	139,999	937,672	7,242,819	1,228,963
Inventories transferred to and used as fixed assets			302,795	409,735
Payable for construction in progress			0	732,513
Receivable for disposal of property and equipment	448	3,000	0	110,000
Payable for issuance cost of common share			0	374,696
Capital contribution receivable due from non-controlling Interest			50,000,000	0
Other payable due to non-controlling interest converted into capital contribution	$ 168,714	¥ 1,130,000	¥ 0	¥ 0

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)	12 Months Ended
	Jun. 30, 2022 shares
CONSOLIDATED STATEMENTS OF CASH FLOWS
Share issuance for convertible notes redemption (in shares)	9,225,338

ORGANIZATION AND NATURE OF OPER

ORGANIZATION AND NATURE OF OPERATIONS	12 Months Ended
	Jun. 30, 2022
ORGANIZATION AND NATURE OF OPERATIONS
ORGANIZATION AND NATURE OF OPERATIONS	NOTE 1. ORGANIZATION AND NATURE OF OPERATIONS Organization The Company, along with its wholly-owned subsidiaries, Recon Investment Ltd. (“Recon-IN”) and Recon Hengda Technology (Beijing) Co., Ltd. (“Recon-BJ”), conducts its business through the following PRC legal entities (“Domestic Companies”) that are consolidated as variable interest entities (“VIEs”) and operate in the Chinese energy industry: 1. Beijing BHD Petroleum Technology Co., Ltd. (“BHD”), 2. Nanjing Recon Technology Co., Ltd. (“Nanjing Recon”). The Company has signed Exclusive Technical Consulting Service Agreements with each of the Domestic Companies, which are its VIEs, and Equity Interest Pledge Agreements and Exclusive Equity Interest Purchase Agreements with their shareholders. Through these contractual arrangements, the Company has the ability to substantially influence each of the Domestic Companies’ daily operations and financial affairs, appoint their senior executives and approve all matters requiring shareholder approval. As a result of these contractual arrangements, which enable the Company to control the Domestic Companies, the Company is considered as the primary beneficiary of each Domestic Company. Thus, the Company is able to absorb 90% of net interest or 100% of net loss of those VIEs. On February 21, 2019, the Company’s board of directors approved transferring the VIEs and VIE-controlled companies from Jining Recon Technology Ltd. (“Recon-JN”) to Recon-BJ. At the time, both Recon-JN and Recon-BJ were the Company’s wholly owned subsidiaries in China. On April 1, 2019, the Company completed the VIE transfer process and then completed the dissolution of Recon-JN on April 10, 2019, and subsequently completed the dissolution of Recon Technology Co., Limited (“Recon HK”) on May 15, 2020. The Company does not expect any negative impact of this process on its operations. On December 17, 2015, Huang Hua BHD Petroleum Equipment Manufacturing Co., Ltd, a fully owned subsidiary established by BHD was organized under the laws of the PRC, focusing on the design, assemble and manufacture of hearing equipment. Gan Su BHD Environmental Technology Co., Ltd (“Gan Su BHD”) was established on May 23, 2017, with registered capital of ¥50 million. The paid in capital was ¥27,495,000 ($4,105,127) as of June 30,2022. BHD owned an equity interest of 49% of Gan Su BHD, and the remaining 51% equity interests was owned by an individual shareholder upon incorporation of Gan Su BHD. On September 25, 2017, the individual shareholder became the minority shareholder by transferring 2.0% equity shares to BHD. On April 26, 2021, the minority shareholder of Gan Su BHD transferred 15.4% of her equity interest to BHD. On May 19, 2021, the minority shareholder transferred 3.6% of her equity interest and BHD transferred 15.4% of its equity interest of Gan Su BHD to Nanjing Recon. There was no consideration paid for the transfers, and after the transfers, BHD owns equity an interest of 51% and Nanjing Recon owns an equity interest of 19% of Gan Su BHD, which is focusing on oilfield sewage treatment and oily sludge disposal projects. Qing Hai BHD New Energy Technology Co., Ltd. (“Qinghai BHD”) was established on October 16, 2017, with registered capital of ¥50 million. The paid in capital was ¥4,200,000 ($627,079) as of June 30, 2022. BHD owned an equity interest of 55% of Qinghai BHD previously; however, based on an agreement signed by the shareholders of Qinghai BHD dated October 23, 2018, each of the other two individual shareholders agreed to reduce 10% of their equity interests. As a result, Qinghai BHD returned ¥200,000 paid in capital back to one of the individual shareholders. After the new arrangement, BHD owns a total interest of 75% of Qinghai BHD. The remaining paid in capital should be contributed by BHD and the other individual shareholder is ¥33,300,000 ($4,971,840) and ¥12,500,000 ($1,866,306) respectively. Based on its charter dated September 29, 2017, the remaining capital will be injected before September 29, 2036. As the energy consumption market opened to private and foreign companies, and online payment technology developed, the Domestic Companies began to invest in the downstream of the oil industry. On December 15, 2017, BHD and Nanjing Recon entered into a subscription agreement with Future Gas Station (Beijing) Technology, Ltd (“FGS”), pursuant to which the Domestic Companies acquired an 8% equity interest in FGS. Established in January 2016, FGS is a service company focusing on providing new technical applications and data operations to gas stations and provides solutions to gas stations to improve their operations and their customers’ experience. On August 21, 2018, the Domestic Companies entered into an investment agreement and a supplemental agreement (collectively, the “Investment Agreement”) with FGS and the other shareholders of FGS. Pursuant to the Investment Agreement, our VIEs’ ownership interest in FGS shall increase from 8% to 43%, in exchange for their investment in FGS for a total amount of ¥10 million in cash and the issuance of 487,057 restricted Class A Ordinary Shares to the other shareholders of FGS with certain conditions. As of June 30, 2019, the Domestic Companies invested an aggregate amount of ¥35,116,707 in FGS and issued 487,057 restricted shares in total to other shareholders of FGS, and the Domestic Companies’ ownership interest in FGS has increased to 43%. On February 4, 2021, Nanjing Recon and BHD, entered into the fourth supplemental agreement to the investment agreement with FGS and FGS’ founding shareholders to acquire 8% equity ownership of FGS. The transaction has been closed. As a result, the Domestic Companies collectively own 51% interest of FGS and began to consolidate the financial results of FGS since January 2021. Through the fourth supplemental agreement, the Domestic Companies waived the requirement on FGS’ performance goal about the number of gas stations. Accordingly, the Domestic Companies agreed to pay for the balance of the investment and cancelled the related lock-up terms on the restricted shares, in exchange of the additional 8% equity ownership of FGS. Nature of Operations Impact of COVID-19 - ​

LIQUIDITY

LIQUIDITY	12 Months Ended
	Jun. 30, 2022
LIQUIDITY
LIQUIDITY	NOTE 2. LIQUIDITY As disclosed in the Company’s consolidated financial statements, the Company had a net income for the year ended June 30, 2022. The net income of the Company was mainly due to the change in fair value of its warrant liability. The Company had a net loss from operations for the years ended June 30, 2021 and 2020, and as of June 30, 2022, the total future minimum purchase commitment under the non-cancellable purchase contracts were amounted to ¥27.7 million ($4.1 million). In assessing its liquidity, management monitors and analyzes the Company’s cash on-hand and its ability to generate sufficient revenue sources in the future to support its operating and capital expenditure commitments. The Company’s liquidity needs are to meet its working capital requirements, operating expenses and capital expenditure obligations. Direct offering and debt financing in the forms of loans payable and loans from related parties have been utilized to finance the working capital requirements of the Company. On September 1, 2021, two major shareholders also renewed a 3-year commitment letter for financial support and whenever the Company has liquidity difficulty, they will provide working capital to support daily operation of the Company. Despite those negative financial trends, as of June 30, 2022, the Company had positive working capital of ¥392.7 million ($58.6 million) due to the following measurements the management has taken to enhance the Company’s liquidity: 1) The Company financed through direct offering of its ordinary shares and prefunded warrants. On June 14, 2021, the Company and certain institutional investors entered into certain securities purchase agreement to sell to an aggregate of 6,014,102 Class A Ordinary Shares and 2,800,000 pre-funded warrants to purchase Class A Ordinary Shares in a registered direct offering and warrants to purchase up to 8,814,102 Class A Ordinary Shares in a concurrent private placement, for gross proceeds of approximately $55.0 million before deducting the placement agent’s fees and other estimated offering expenses. 2) The Company financed through borrowing from shareholders and senior management. As of June 30, 2022, the Company had short-term borrowings due to related parties amounted to ¥ 9.0 million ( $1.3 million), and long-term borrowings due to a related party amounted to ¥ 6.5 million ( $1.0 million). 3) The Company also financed from commercial banks. As of June 30 , 2022, the Company had ¥ 10.0 million ( $1.5 million) in bank loans outstanding. The management expects that the Company will be able to renew its existing bank loan upon its maturity based on past experience and its good credit history. 4) For the year end June 30, 2022, the Company had approximately ¥ 26.2 million ( $4.0 million) cash out flow from the operating activities, however, as of June 30, 2022, the Company had cash in the amount of approximately ¥ 317.0 million ( $47.3 million) for the next operating cycle ending June 30, 2023. Management believes that the foregoing measures collectively will provide sufficient liquidity for the Company to meet its future liquidity needs 12 months from this report issuance date.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2022
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES	NOTE 3. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Principles of Consolidation Variable Interest Entities Assets recognized as a result of consolidating VIEs do not represent additional assets that could be used to satisfy claims against the Company’s general assets. Conversely, liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company’s general assets; rather, they represent claims against the specific assets of the consolidated VIEs. Currency Translation Estimates and Assumptions The key assumptions underlying the Company’s accounting for material arrangements and the reasonably likely material effects of resolving any uncertainties on the Company’s allowance for credit losses related to purchase advances. The production of the Company’s products requires custom-made equipment from its suppliers. To ensure that it can secure the required customized equipment, the Company often needs to make full prepayment for its intended purchases. As a standard practice in the petroleum extraction industry, the Company generally must submit a bid in order to secure the sales contract. The bidding process generally takes between one month to one year and the timing depends on the size of the overall project, which timing and size are generally controlled by its client. In order to secure timely purchase delivery and to meet its product delivery schedule, the Company normally prepays for the purchase advances if the Company believes that it is more than likely to win the bid for the sales contract which is accounted as pre-contract costs. After winning the bid and securing the sale contract, the Company normally needs to deliver its products approximately within one week to six months. Based on the Company’s historical experience, the Company generally is able to realize its purchase advances on the customized equipment that it orders. If it subsequently confirms that the Company is unable to secure the planned contracts with a customer after making the advance payments for these planned contracts, the Company evaluates the probable recoverability of the pre-contract cost and charges to expenses when the Company determines that the recovery of such pre-contract cost is improbable. Fair Values of Financial Instruments The three levels of inputs are defined as follows: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable. Accounting guidance also describes three main approaches to measure the fair value of assets and liabilities: (1) market approach; (2) income approach and (3) cost approach. The market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. The Company measures certain financial assets, including investments under the equity method on other-than-temporary basis, intangible assets and fixed assets at fair value when an impairment charge is recognized. The carrying amounts reported in the consolidated balance sheets for trade accounts receivable, notes receivable, other receivables, purchase advances, contract cost, trade accounts payable, other payable, accrued liabilities, contract liabilities, short-term bank loan and short-term borrowings approximate fair value because of the immediate or short-term maturity of these financial instruments. Cash Restricted cash Trade Accounts, Net, Other Receivables, Net and Loan to Third Parties The adoption of the credit loss accounting standard has no material impact on the Company’s consolidated financial statements as of July 1, 2020. Accounts receivable, other receivables and loan to third parties are recognized and carried at carrying amount less an allowance for credit loss, if any. The Company maintains an allowance for credit losses resulting from the inability of its trade and non-trade customers (“customers”) to make required payments based on contractual terms. The Company reviews the collectability of its receivables on a regular and ongoing basis. The Company has also included in calculation of allowance for credit losses, the potential impact of the COVID-19 pandemic on our customers businesses and their ability to pay their accounts receivable, other receivables and loan to third parties. After all attempts to collect a receivable have failed, the receivable is written off against the allowance. The Company also considers external factors to the specific customer, including current conditions and forecasts of economic conditions, including the potential impact of the COVID-19 pandemic. In the event the Company recovers amounts previously reserved for, the Company will reduce the specific allowance for credit losses. The provision for credit loss for the year ended June 30, 2022 decreased by approximately ¥3.7 million ($0.6 million) from the year ended June 30, 2021. The Company evaluates the creditworthiness of all of its customers individually before accepting them and continuously monitors the recoverability of accounts receivable, other receivables and loan to third parties. If there are any indicators that a customer may not make payment, the Company may consider making provision for non-collectability for that particular customer. At the same time, the Company may cease further sales or services to such customer. The following are some of the factors that the Company considers in determining whether to discontinue sales, record as contra revenue or allowance for credit losses: ● the oil price and fluctuation of the overall oil industry; ● the customer fails to comply with its payment schedule; ● the customer is in serious financial difficulty; ● a significant dispute with the customer has occurred regarding job progress or other matters; ● the customer breaches any of the contractual obligations; ● the customer appears to be financially distressed due to economic or legal factors; ● the business between the customer and the Company is not active; and ● other objective evidence indicates non-collectability of the accounts receivable, other receivables and loan to third parties. The Company considers the following factors when determining whether to permit a longer payment period or provide other concessions to customers: ● the customer’s past payment history; ● the customer’s general risk profile, including factors such as the customer’s size, age, and public or private status; ● macroeconomic conditions that may affect a customer’s ability to pay; and ● the relative importance of the customer relationship to the Company’s business. Notes Receivable Purchase Advances, Net - Inventories, Net Property and Equipment, Net two ​ ​ ​ ​ Items Useful life Motor vehicles 5-10 years Office equipment 2-5 years Production equipment 10-20 years ​ Land Use Rights, Net Goodwill - Intangible Assets, Net – Impairment of Long-Lived Assets Long-term Investments - Equity Investments with Readily Determinable Fair Values - Equity Investments without Readily Determinable Fair Values - Equity Investments Accounted for Using the Equity Method - An impairment charge is recorded if the carrying amount of the investment exceeds its fair value and this condition is determined to be other-than-temporary. The Company recorded no impairment loss on its equity method investment during the years ended June 30, 2020, 2021 and 2022. The Company recorded a ¥462,879 investment income, ¥266,707 investment loss and ¥15,411 ($2,301) investment income on its equity method investment in unconsolidated entity during the years ended June 30, 2020, 2021 and 2022, respectively. Business Combinations - In a business combination considered as a step acquisition, the Company remeasures the previously held equity interest in the acquiree immediately before obtaining control at its acquisition-date fair value and the re-measurement gain or loss, if any, is recognized in the consolidated statements of operation and comprehensive income (loss). Noncontrolling Interests - Revenue Recognition Disaggregation of Revenues Revenues are recognized when control of the promised goods or services are transferred to our customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The following items represent the Company’s revenues disaggregated by revenue source. In accordance with ASC 606-10-50-5, the Company selects categories to present disaggregated revenue that depict how the nature, amount, timing, and uncertainty of revenues and cash flows are affected by economic factors and delivery conditions of products and fulfillment of obligations. The Company’s disaggregation of revenues for the years ended June 30, 2020, 2021 and 2022 is disclosed in Note 27. Automation Products and Software; Equipment and Accessories The Company generates revenues primarily through delivery of standard or customized products and equipment, including automation products, furnaces and related accessories. Revenue is recognized when products are delivered, and acceptance reports are signed off by customers. The sale of automation products or specialized equipment when combined with services represent a single performance obligation for the development and construction of a single asset. The Company may also provide design or installation services to clients as there may be such obligation in contracts. The promises to transfer the goods and provision of services are not separately identifiable, which is evidenced by the fact that the Company provides significant services of integrating the goods and services into a single deliverable for which the customer has contracted. For such sales arrangements, the Company recognizes revenue using input method, based on the relationship between actual costs incurred compared to the total estimated costs for the contract. Such method is adopted because the Company believes it best depicts the transfer of goods and services to the customer. Oilfield Environmental Protection Service The Company provides wastewater treatment products and related service to oilfield and chemical industry companies and generates revenue from special equipment, self-developed chemical products and supporting service, transfer. Revenue is recognized when contract obligations have been performed. For such sales arrangements, the Company recognizes revenue when products are delivered, on-site assistance services rendered, and acceptance reports are signed off by customers. Such method is adopted because the Company believes it best depicts the transfer of services to the customer. The Company provides oily sludge disposal and treatment services to oilfield companies and generates revenue from treatment services of oily sludge. Revenue is recognized when contract obligations have been performed. For such sales arrangements, the Company recognizes revenue using output method, based on the percentage-of-completion method. Such method is adopted because the Company believes it best depicts the transfer of services to the customer. Platform Outsourcing Services The Company provides online platform development, maintenance, and operation services to gas stations around different provinces in China to complete online transactions; and API (application programming interface) port export service and related maintain services to business cooperators of different industries that may have transactions in the refueling scenario during the service contract period. The Company considered these performance obligations to be indistinguishable contractual performance obligations. As the Company has no right to get the compensation for any performances completed while not accepted by its customers, the Company can only recognize revenue at a point in time, which is when the online transaction is completed. The Company’s services enable terminal users of different mobile apps run by its clients or cooperators to complete refueling in cash or online through different payment channels, when each transaction, including refueling and payment, is completed, the Company is entitled to charge with pre-settled rates of each transaction amount as service fee and recognize the underlying amount as revenue. Related fees are generally billed monthly, based on a per transaction basis. Arrangements with Multiple Performance Obligations Contracts with customers may include multiple performance obligations. For such arrangements, the Company will allocate revenues to each performance obligation based on its relative standalone selling price. We generally determine standalone selling prices based on the prices charged to customers or using expected cost-plus margin. Contract Balances The Company’s contract balances include contract costs and contract liabilities from contracts with customers, and the following table provides information about contract balances: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Contract costs ¥ 48,795,906 ¥ 33,858,820 ​ $ 5,055,274 Contract liabilities ¥ 7,686,276 ¥ 2,107,277 ​ $ 314,626 ​ Contract Costs, Net - Pre-Contract Costs - Executed Contract Costs Contract Liabilities Performance Obligations - Amounts billed to customers for shipping and handling activities to fulfill the Company’s promise to transfer the goods are included in revenues, and costs incurred by the Company for the delivery of goods are classified as cost of sales in the consolidated statements of operations and comprehensive income (loss). Sales, value added, and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue. The Company generally offers assurance-type warranties for its products. The specific terms and conditions of those warranties vary depending upon the product. The Company estimates the costs that may be incurred under its warranties and records a liability in the amount of such costs at the time product revenue is recognized. Factors that affect the warranty liability include historical product-failure experience and estimated repair costs for identified matters. The Company periodically assesses the adequacy of its recorded warranty liabilities and adjusts the amounts as necessary. The amount accrued for expected returns and warranty claims was immaterial as of June 30, 2022. The amount of revenue recognized during the years ended June 30, 2020, 2021 and 2022 that was previously included within contract liability balances was ¥nil, ¥1,899,561 and ¥7,390,276 ($1,103,401), respectively. Practical Expedients Elected Incremental Costs of Obtaining a Contract - The Company has elected the practical expedient permitted in ASC 340-40-25-4, which permits an entity to recognize incremental costs to obtain a contract as an expense when incurred if the amortization period will be less than one year and not significant. Significant Financing Component - The Company has elected the practical expedient permitted in ASC 606-10-32-18, which allows an entity to not adjust the promised amount of consideration for the effects of a significant financing component if a contract has a duration of one year or less. As the Company’s contracts are majorly less than one year in length, consideration will not be adjusted. For the Company’s contracts include a standard payment term of 90 days to 180 days; consequently, there is no significant financing component within contracts. There are also some new contracts that will not be completed within one year from year 2021, the Company did calculation and the amount was not material as end of this fiscal year. Share-Based Compensation - Research and Development Expenses Shipping and Handling Costs - Leases Leases At the commencement date, the Company recognizes the lease liability at the present value of the lease payments not yet paid, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate for the same term as the underlying lease. The ROU asset is recognized initially at cost, which primarily comprises the initial amount of the lease liability, plus any initial direct costs incurred, consisting mainly of brokerage commissions, less any lease incentives received. All ROU assets are reviewed for impairment annually. There was no impairment for ROU lease assets as of June 30, 2021 and 2022. 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, 2021 and 2022. As of June 30, 2022, the tax years ended December 31, 2017 through December 31, 2021 for the Company’s People’s Republic of China (“PRC”) subsidiaries remain open for statutory examination by PRC tax authorities. Comprehensive Income (Loss) - Earnings (Loss) per Share (“EPS”) The following table sets forth the computation of basic and diluted earnings per share for the years ended June 30, 2020, 2021 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2020 ​ 2021 ​ 2022 2022 ​ RMB RMB RMB U.S. Dollars Numerator: ​ ​ ​ ​ Net income (loss) attributable to Recon Technology, Ltd ​ ¥ (19,246,701) ​ ¥ (22,832,734) ​ ¥ 95,586,795 ​ $ 14,271,539 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ Weighted-average number of ordinary shares outstanding – basic ​ 4,624,615 ​ 12,697,024 ​ 30,002,452 ​ 30,002,452 Outstanding options/warrants/convertible notes ​ 426,854 ​ 10,522,294 ​ 10,536,433 ​ 10,536,433 Potentially dilutive shares from outstanding options/warrants/convertible notes ​ — ​ — ​ — ​ — Weighted-average number of ordinary shares outstanding – diluted ​ 4,624,615 ​ 12,697,024 ​ 30,002,452 ​ 30,002,452 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings (loss) per share – basic ​ ¥ (4.16) ​ ¥ (1.80) ​ ¥ 3.19 ​ $ 0.48 Earnings (loss) per share – diluted ​ ¥ (4.16) ​ ¥ (1.80) ​ ¥ 3.19 ​ $ 0.48 ​ Warrants For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the consolidated statements of operations. Convertible Notes Payable Debt with conversion and other options Recently Issued Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes. The Board is issuing this Update as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). The objective of the Simplification Initiative is to identify, evaluate, and improve areas of U.S. GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The specific areas of potential simplification in this Update were submitted by stakeholders as part of the Simplification Initiative. For public business entities, the amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The Company adopted this guidance on July 1, 2021 and the adoption of this ASU did not have a material impact on its consolidated financial statements. In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815 – 40)” (“ASU 2020-06”). ASU 2020-06 simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. The ASU is part of the FASB’s simplification initiative, which aims to reduce unnecessary complexity in U.S. GAAP. The ASU’s amendments are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company is currently evaluating the impact ASU 2020-06 will have on the Company’s consolidated financial statements. The Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the consolidated financial position, statements of operations and cash flows.

TRADE ACCOUNTS RECEIVABLE, NET

TRADE ACCOUNTS RECEIVABLE, NET	12 Months Ended
	Jun. 30, 2022
TRADE ACCOUNTS RECEIVABLE, NET
TRADE ACCOUNTS RECEIVABLE, NET	NOTE 4. TRADE ACCOUNTS RECEIVABLE, NET Accounts receivable, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Third Parties ​ RMB ​ RMB ​ U.S. Dollars Trade accounts receivable ¥ 31,669,331 ¥ 27,206,752 ​ $ 4,062,089 Allowance for credit losses ​ (4,982,443) ​ (4,628,772) ​ (691,095) Total third-parties, net ¥ 26,686,888 ¥ 22,577,980 ​ $ 3,370,994 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Third Parties- long-term ​ RMB ​ RMB ​ U.S. Dollars Trade accounts receivable ​ ¥ 4,332,984 ​ ¥ 4,983,698 ​ $ 744,089 Allowance for credit losses ​ (4,332,984) ​ (4,983,698) ​ (744,089) Total third-parties, net ​ ¥ — ​ ¥ — ​ $ — ​ Provision for credit losses of accounts receivable due from third parties was ¥2,204,170, ¥3,730,606 and ¥153,329 ($22,893) for the years ended June 30, 2020, 2021 and 2022, respectively. The decrease in allowance for credit losses of accounts receivable due from third parties was mainly resulted by the management’s efforts in collection receivables from our customers, and as the date of this report, approximately 68.2%, or ¥15.4 million ($2.3 million) of net outstanding balance as of June 30, 2022 has been collected as of the date of the report. Provision for credit losses made for accounts receivable due from related-party was ¥340,992 for the year ended June 30, 2020, while net recovery of provision for credit losses made for accounts receivable due from related-party was ¥340,992 for the year ended June 30, 2021. No provision made for credit losses of accounts receivable due from related party for the year ended June 30, 2022. Movement of allowance for doubtful accounts is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 5,849,504 ¥ 9,315,427 ​ $ 1,390,834 Charge to credit losses ​ 3,730,606 ​ 153,329 ​ 22,893 Less: write-off ​ (254,853) ​ — ​ — Foreign currency translation adjustments ​ ​ (9,830) ​ ​ 143,714 ​ ​ 21,457 Ending balance ¥ 9,315,427 ¥ 9,612,470 ​ $ 1,435,184 ​

NOTES RECEIVABLE

NOTES RECEIVABLE	12 Months Ended
	Jun. 30, 2022
NOTES RECEIVABLE
NOTES RECEIVABLE	NOTE 5. NOTES RECEIVABLE Notes receivable represented the non-interest-bearing commercial bills the Company received from the customers for the purpose of collection of sales amounts, which ranged from three to six months from the date of issuance. As of June 30, 2021 and 2022, notes receivable was ¥6,305,633 and ¥10,828,308 ($1,616,715), respectively. As of June 30, 2021 and 2022, no notes were guaranteed or collateralized. As of the date of this report, 81.4%, or ¥8.8 million ($1.3 million) have been subsequently collected, and the remaining balance is expected to be collected by December 2022.

OTHER RECEIVABLES, NET

OTHER RECEIVABLES, NET	12 Months Ended
	Jun. 30, 2022
OTHER RECEIVABLES, NET
OTHER RECEIVABLES, NET	NOTE 6. OTHER RECEIVABLES, NET Other receivables, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Third Party ​ RMB ​ RMB ​ U.S. Dollars Business advances to officers and staffs (A) ¥ 957,277 ¥ 1,441,807 $ 215,268 Deposits for projects ​ 1,982,987 ​ 3,259,236 ​ 486,619 VAT recoverable ​ 3,562,295 ​ 437,095 ​ 65,260 Others ​ 1,469,949 ​ 2,547,520 ​ 380,356 ​ ​ ​ 7,972,508 ​ ​ 7,685,658 ​ ​ 1,147,503 Less: Long term portion (B) ​ ​ (114,679) ​ ​ (1,564,381) ​ ​ (233,569) Allowance for credit losses ​ (918,153) ​ (619,444) ​ (92,486) Other receivable - current portion ¥ 6,939,676 ​ ¥ 5,501,833 ​ $ 821,448 (A) Business advances to officers and staffs represent advances for business travel and sundry expenses related to oilfield or on-site installation and inspection of products through customer approval and acceptance. (B) Long-term portion are mainly tender deposits for large-scale projects or rental contracts. These funds may not be collected back until projects are finished or contracts are completed. Provision for credit losses of other receivables was ¥67,312 for the year ended June 30, 2020. Net recovery of credit losses of other receivables was ¥187,161 and ¥294,644 ($43,992) for the years ended June 30, 2021 and 2022, respectively. Movement of allowance for credit losses is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 1,529,036 ¥ 918,153 ​ $ 137,085 Balance acquired from FGS ​ ​ 151,689 ​ ​ — ​ ​ — Reversal of credit losses ​ (187,161) ​ (294,644) ​ (43,992) Less: write-off ​ (575,411) ​ (4,065) ​ (607) Ending balance ¥ 918,153 ¥ 619,444 ​ $ 92,486 ​

LOANS TO THIRD PARTIES

LOANS TO THIRD PARTIES	12 Months Ended
	Jun. 30, 2022
LOANS TO THIRD PARTIES.
LOANS TO THIRD PARTIES	NOTE 7. LOANS TO THIRD PARTIES ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ RMB RMB U.S. Dollars Working fund to third party companies ​ ¥ 50,476,782 ​ ¥ 50,383,822 ​ $ 7,522,532 Allowance for credit losses ​ — ​ — ​ — Total loans to third parties ​ ¥ 50,476,782 ​ ¥ 50,383,822 ​ $ 7,522,532 ​ Loans to third parties are mainly used for short-term funding to support the Company’s external business partners. These loans bear interest or no interest and have terms of no more than one year. The Company periodically reviewed the loans to third parties as to whether their carrying values remain realizable. The Company believes that the risk associated with the above loans are relatively low based on the evaluation of the creditworthiness of these third-party debtors and the relationships with them. As the date of the report, approximately ¥4.5 million (approximately $0.7 million) was collected by the Company and the remaining part was expected to be paid in full by end of June 2023.

CONTRACT COSTS, NET

CONTRACT COSTS, NET	12 Months Ended
	Jun. 30, 2022
CONTRACT COSTS, NET
CONTRACT COSTS, NET	NOTE 8. CONTRACT COSTS, NET ​ Contract costs, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Third Party ​ RMB ​ RMB ​ U.S. Dollars Contract costs ¥ 53,344,816 ​ ¥ 37,922,302 ​ $ 5,661,970 Allowance for credit losses (4,548,910) (4,063,482) ​ (606,696) Total contract costs, net ¥ 48,795,906 ​ ¥ 33,858,820 ​ $ 5,055,274 ​ As of June 30, 2022, total contracts costs, net amounted to ¥33,858,820 ($5,055,274), of which 13.3%, or ¥4.5 million ($0.7 million) have been subsequently realized as of the date of the report, and the remaining balance is expected to be utilized by March 2023. Net recovery of provision for credit losses of contract cost was ¥22,451 for the year ended June 30, 2020. Provision for credit losses of contract was ¥4,647,802 for the year ended June 30, 2021. Net recovery of provision for credit losses of contract cost was ¥552,008 ($82,417) for the years ended June 30, 2022. As the progress of these contracts was delayed by the COVID-19 pandemic, the Company records allowance for credit losses of contract cost according to its general accounting policy. Since the pandemic is relatively under control now, some of our projects has resumed its progress and the contract costs were realized, hence, resulted in a decrease in allowance for credit losses of contract cost. The Company will continue making great efforts to prevent any unrealizable of contract costs from third parties. Movement of allowance for credit losses of contract costs is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 139,762 ¥ 4,548,910 ​ $ 679,172 Provision for (reversal of) credit losses ​ ​ 4,647,802 ​ ​ (552,008) ​ ​ (82,417) Charge to cost of sales — 66,580 ​ 9,941 Less: write-off ​ ​ (238,654) ​ ​ — ​ ​ — Ending balance ¥ 4,548,910 ¥ 4,063,482 ​ $ 606,696 ​

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	12 Months Ended
	Jun. 30, 2022
PROPERTY AND EQUIPMENT, NET.
PROPERTY AND EQUIPMENT, NET	NOTE 9. PROPERTY AND EQUIPMENT, NET Property and equipment, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Motor vehicles ¥ 5,097,921 ¥ 5,312,274 ​ $ 793,146 Office equipment and fixtures ​ 1,385,084 ​ 1,442,395 ​ 215,356 Production equipment ​ 30,559,275 ​ 31,102,055 ​ 4,643,677 Total property and equipment ​ 37,042,280 ​ 37,856,724 ​ 5,652,179 Less: accumulated depreciation ​ (9,135,200) ​ (11,614,250) ​ (1,734,060) Less: Impairment for property and equipment ​ (768,312) ​ (768,312) ​ ​ (114,712) Property and equipment, net ​ ¥ 27,138,768 ​ ¥ 25,474,162 ​ $ 3,803,407 Construction in progress ¥ — ¥ 239,739 ​ $ 35,794 ​ Depreciation expenses were ¥1,582,461, ¥2,773,122 and ¥2,611,854 ($389,961) for the years ended June 30, 2020, 2021 and 2022, respectively. Impairment loss for the property and equipment was ¥nil, ¥768,312 and ¥nil for the years ended June 30, 2020, 2021 and 2022. As one of the Company’s properties and equipment were not able to generate enough future cashflow. Thus the Company decided to record full impairment of those properties and equipment during the year ended June 30, 2021. Gain from property and equipment disposal was ¥89,156 for the year ended June 30, 2020. Loss from property and equipment disposal was ¥19,590 and ¥48,628 ($7,260) for the years ended June 30, 2021 and 2022, respectively.

BUSINESS ACQUISITION AND INVEST

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY	12 Months Ended
	Jun. 30, 2022
BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY
BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY	NOTE 10 . BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY (a) Step Acquisition of Future Gas Station (Beijing) Technology, Ltd (“FGS”) On August 21, 2018, the Company entered into a definitive investment agreement and a supplemental agreement (collectively, the “Agreement”) with FGS and the other shareholders of FGS. Following full performance under the Agreement, Recon will own 43% of FGS. As consideration for increasing its affiliates’ interest in FGS from 8% to 43%, the Company will (1) pay a total of RMB 10 million in cash to FGS and (2) issue 487,057 restricted Class A Ordinary Shares of the Company (the “Restricted Shares”) to the other shareholders of FGS within 30 days after FGS finalizes recording the Company’s corresponding interest at the local governmental agency. If FGS does not reach certain performance goals, the Company has the right to cancel all of the Restricted Shares and without further payment. The Restricted Shares are also subject to lock-up period requirements that vary for each of FGS shareholders, from one year to three years following issuance of the Restricted Shares. FGS has finalized recording Recon’s corresponding interest at the local governmental agency, and Recon has issued 487,057 Restricted Shares in total to the other shareholders of FGS in August 2018. On September 24, 2019, the Company signed an extension agreement with FGS and the other shareholders of FGS to postpone the Agreement to provide extra period for FGS to further fulfill the goals mentioned on the supplemental agreement. During the original contract period, FGS adjusted its operation model with an advanced improvement of its mobile applications and business model. Objected user and average Gross Merchandise Volume (“GMV”) of FGS’ mobile applications have been exceeded. FGS will need an extension to deploy its business in more provinces to complete a goal of 200 more gas stations. On March 17, 2020, the Company signed a new supplemental agreement with FGS and the other shareholders of FGS to extend another 12 months to February 2021 for FGS and its shareholders to fulfill the goals mentioned on the supplemental agreement. As of December 31, 2020, the Company owned 43% of the equity interests of FGS. The investments are accounted for using the equity method because the Company has significant influence, but no control of FGS. The Company recorded a ¥462,879 investment income and ¥251,296 investment loss for the years ended June 30, 2020 and 2021, respectively, which was included in “Income (loss) from investment in unconsolidated entity” in the consolidated statements of operations and comprehensive income (loss). On February 8, 2021, and pursuant to FGS’ shareholder meeting resolution dated January 13, 2021 (“Acquisition Date”), two of the Company’s subsidiaries entered into the fourth supplemental agreement to the investment agreement with FGS and FGS’ founding shareholders to acquire 8% equity ownership of FGS, as an exchange for waiver of the requirement on FGS’ performances goal about the number of gas stations and cancellation of the related lock-up terms on the 487,057 Restricted Shares of the Company (reflecting the effect of one-for- five The Company retained independent appraisers to advise management in the determination of the fair value of customers relationship and goodwill. The values assigned in these financial statements represent management’s best estimate of fair values as of the Acquisition Date. The carrying value of other assets and liabilities other than customer relationship and goodwill, are approximate at their fair value as of the Acquisition Date. The fair values of the identifiable assets and liabilities as at the date of the acquisitions are summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ RMB U.S. Dollars Cash ¥ 471,843 ​ $ 70,448 Trade accounts receivable, net ​ 831,049 ​ 124,079 Other receivables, net ​ 144,285 ​ 21,542 Contract costs, net ​ 75,250 ​ 11,235 Prepaid expenses ​ 91,132 ​ 13,606 Property and equipment, net ​ 118,130 ​ 17,637 Intercompany receivables* ​ 6,850,000 ​ 1,022,736 Intangible assets- customer relationship ​ 7,000,000 ​ 1,045,131 Goodwill ​ 6,996,895 ​ 1,044,668 Trade accounts payable ​ (1,032,078) ​ (154,094) Other payables ​ (1,273,182) ​ (190,092) Other payable- related parties ​ (479,959) ​ (71,660) Deferred revenue ​ (39,786) ​ (5,940) Accrued payroll and employees’ welfare ​ (1,629,519) ​ (243,295) Taxes payable ​ (64,253) ​ (9,593) Deferred tax liability ​ (1,050,000) ​ (156,768) Total ​ ¥ 17,009,807 ​ $ 2,539,640 ​ ​ ​ ​ ​ Cash considerations ​ — ​ ​ — Deemed equity consideration to acquire 8% equity interest in FGS ​ ​ 1,689,807 ​ ​ 252,296 Fair value of previously held equity interest ​ 30,530,000 ​ 4,558,266 Non-controlling interest ​ 34,790,000 ​ 5,194,303 Capital contribution receivable due from non-controlling Interest ​ (50,000,000) ​ (7,465,225) Total ¥ 17,009,807 ​ $ 2,539,640 *Intercompany receivables from Nanjing Recon and BHD are eliminated upon consolidation. The noncontrolling interest has been recognized at fair value net with subscription receivable on the acquisition date. Goodwill and intangible assets The excess of purchase price over the fair value of assets acquired and liabilities assumed of the business acquired was recorded as goodwill. The goodwill is not expected to be deductible for tax purposes. In conjunction with the preparation of our consolidated financial statement for year ended June 30, 2022, the management performed evaluation on the impairment of goodwill and recorded an impairment loss on goodwill of ¥2,266,893 ($338,457) for the year ended June 30, 2022. The identifiable goodwill acquired and the carrying value as of June 30, 2022 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ RMB U.S. Dollars Goodwill ​ ¥ 6,996,895 ​ $ 1,044,668 Less: impairment ​ ​ (2,266,893) ​ (338,457) The carrying value of goodwill as of June 30,2022 ​ ​ 4,730,002 ​ 706,211 ​ The fair value of identified intangible assets, which is customer relationship, and its estimated useful lives is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average ​ ​ ​ ​ ​ ​ ​ ​ Useful Life ​ ​ Fair Value ​ (in Years) ​ RMB U.S. Dollars ​ Intangible assets - customer relationship ¥ 7,000,000 ​ $ 1,045,132 10 Less: accumulated amortization ​ ​ (1,050,000) ​ ​ (156,770) ​ ​ Total intangible assets, net as of June 30,2022 ​ ¥ 5,950,000 ​ $ 888,362 ​ ​ ​ The amortization expense of customer relationship was ¥nil, ¥350,000 and ¥700,000 ($104,513) for the years ended June 30, 2020, 2021 and 2022, respectively. (b) Investment in Starry Blockchain Energy Pte. Ltd. (“Starry”) On June 3, 2021, Company entered into a share exchange agreement (the “Agreement”) with Starry, an innovative blockchain and sustainable energy technological company, and the controlling shareholders of Starry (the “Starry Controlling Shareholders”) to acquire 30% of the equity interest in Starry. Pursuant to the terms of the Agreement, the signing parties agreed that the value of 30% of the equity interest in Starry is $3,000,000. As consideration to acquire Starry’s 30% equity interest, the Company issued 316,345 unregistered, restricted Class A Ordinary Shares, based on $9.48 per share, the average closing price in the 30 trading days prior to signing this Agreement, to the Starry Controlling Shareholders. Fair value of the shares issued on the investment date, which was June 3, 2021, was ¥27,675,450, or $4,327,600, based on the closing price of $13.80 per share. On November 10, 2021, this investment agreement was terminated based on a mutual decision and the 316,345 unregistered, restricted Class A Ordinary Shares was subsequently cancelled on December 10, 2021. The Company recorded an investment loss of ¥15,411 and an investment income of ¥15,411 ($2,301) during the years ended June 30, 2021 and 2022, respectively. On November 10, 2021, the Company signed a service agreement with Starry, and as the service consideration, the Company issued 500,000 restricted Class A Ordinary Shares to Starry (See Note 20).

LEASES

LEASES	12 Months Ended
	Jun. 30, 2022
LEASES
LEASES	NOTE 11. LEASES Effective July 1, 2019, the Company adopted the new lease accounting standard. Adoption of this standard resulted in the recording of operating lease ROU assets and corresponding operating lease liabilities of ¥1,228,963 ($183,490) and ¥1,228,963 ($183,490), respectively, as of July 1, 2019 with no impact on accumulated deficit. Financial position for reporting periods beginning on or after July 1, 2019, are presented under the new guidance, while prior period amounts are not adjusted and continue to be reported in accordance with previous guidance. The Company leases office spaces and factories under non-cancelable operating leases, with terms ranging from one The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The table below presents the operating lease related assets and liabilities recorded on the balance sheets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Rights of use lease assets, net ¥ 7,925,930 ¥ 5,440,590 $ 812,305 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease liabilities – current 2,226,832 3,892,774 ​ 581,209 Operating lease liabilities – non-current 4,792,101 2,184,635 ​ 326,176 Total operating lease liabilities ¥ 7,018,933 ¥ 6,077,409 ​ $ 907,385 ​ The weighted average remaining lease terms and discount rates for all of operating leases were as follows as of June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2021 June 30, 2022 Remaining lease term and discount rate: ​ ​ Weighted average remaining lease term (years) 2.59 ​ 1.73 ​ Weighted average discount rate 5.0 % 5.0 % ​ Operating lease costs and short-term lease costs for the year ended June 30, 2020 were ¥1,348,742 and ¥1,142,417, respectively. Operating lease costs and short-term lease costs for the year ended June 30, 2021 were ¥2,034,105 and ¥1,291,685, respectively. Operating lease costs and short-term lease costs for the year ended June 30, 2022 were ¥3,443,813 ($514,177) and ¥967,247 ($144,414), respectively. The following is a schedule, by years, of maturities of lease liabilities as of June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2023 ¥ 4,073,072 ​ $ 608,128 2024 2,222,504 ​ 331,830 Total lease payments 6,295,576 ​ 939,958 Less: imputed interest (218,167) ​ (32,573) Present value of lease liabilities 6,077,409 ​ 907,385 Less: operating lease liabilities – current 3,892,774 ​ 581,209 Operating lease liabilities – non-current ¥ 2,184,635 ​ $ 326,176 ​

OTHER PAYABLES

OTHER PAYABLES	12 Months Ended
	Jun. 30, 2022
OTHER PAYABLES
OTHER PAYABLES	NOTE 12. OTHER PAYABLES Other payables consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Third Parties ​ RMB ​ RMB ​ U.S. Dollars Professional service fees ¥ 7,940,481 ¥ 2,061,016 ​ $ 307,720 Distributors and employees ​ 1,488,329 ​ 1,009,307 ​ 150,694 Accrued expenses ​ 206,051 ​ 206,045 ​ 30,763 Others ​ 227,901 ​ 257,550 ​ 38,453 Total ¥ 9,862,762 ¥ 3,533,918 ​ $ 527,630 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Related Parties ​ RMB ​ RMB ​ U.S. Dollars Expenses paid by the major shareholders ¥ 1,594,543 ¥ 1,396,419 ​ $ 208,492 Due to family members of the owners of BHD and FGS ​ 545,159 ​ 590,159 ​ 88,113 Due to management staff for costs incurred on behalf of the Company ​ 260,965 ​ 253,557 ​ 37,857 Total ¥ 2,400,667 ¥ 2,240,135 ​ $ 334,462 ​

TAXES PAYABLE

TAXES PAYABLE	12 Months Ended
	Jun. 30, 2022
TAXES PAYABLE
TAXES PAYABLE	NOTE 13. TAXES PAYABLE Taxes payable consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars VAT payable ¥ 643,896 ¥ 1,741,972 ​ $ 260,085 Income tax payable ​ 440,030 ​ 440,030 ​ 65,698 Other taxes payable ​ 165,068 ​ 28,956 ​ 4,323 Total taxes payable ¥ 1,248,994 ¥ 2,210,958 ​ $ 330,106 ​

SHORT-TERM BANK LOANS

SHORT-TERM BANK LOANS	12 Months Ended
	Jun. 30, 2022
SHORT-TERM BANK LOANS
SHORT-TERM BANK LOANS	NOTE 14. SHORT-TERM BANK LOANS Short-term bank loans consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ RMB RMB U.S. Dollars Bank of Nanjing (1) ​ ¥ 4,000,000 ​ ¥ — ​ $ — Beijing Rural Commercial Bank (2) ​ ​ 10,000,000 ​ ​ 10,000,000 ​ ​ 1,493,045 China Construction Bank (3) ​ ​ 1,000,000 ​ ​ — ​ ​ — Total short-term bank loans ​ ¥ 15,000,000 ​ ¥ 10,000,000 ​ $ 1,493,045 (1) On June 23, 2020, the Company entered into another loan agreement with Bank of Nanjing to borrow ¥ 1,500,000 as working capital for one year . The Company made the withdraw in an amount of ¥ 1,500,000 on July 1, 2020, which will be due on July 1, 2021. The loan was repaid in full upon maturity. On June 21, 2021, the Company entered into another loan agreement with Bank of Nanjing to borrow ¥ 2,500,000 as working capital for one year , with maturity date of June 17, 2022. The loan was repaid in full by December 31, 2021. All these loans bear a fixed interest rate of 4.35% per annum and are guaranteed by one of the founders of the Company. (2) On April 15, 2020, the Company entered into a loan agreement with Beijing Rural Commercial Bank to borrow ¥ 10,000,000 as working capital for one year . The Company made the first withdraw in an amount of ¥ 5,600,000 on April 23, 2021, which will be due on April 20, 2022. The Company made second withdraw in an amount of ¥ 4,400,000 on May 18, 2021, which will be due on May 11, 2022. These two loans were repaid in full upon maturity. On April 13, 2022, the Company entered into a loan agreement with Beijing Rural Commercial Bank to borrow ¥ 5,600,000 ( $836,105 ) as working capital for one year , which will be due on April 12, 2023. On April 13, 2022, the Company entered into a loan agreement with Beijing Rural Commercial Bank to borrow ¥ 4,400,000 ( $656,940 ) as working capital for one year , which will be due on May 12, 2023. All these loan bears a fixed interest rate of 4.6% per annum. These loans are guaranteed by one of the founders of the Company and he also pledged self-owned housing property with carrying value of approximately RMB 17.6 million (approximately $2.6 million) as collateral for these loans. (3) On July 10, 2020, the Company entered into a loan agreement with China Construction Bank to borrow ¥ 1,000,000 as working capital for one year , with maturity date of July 10, 2021. The loan bears a fixed interest rate of 4.0525% per annum. The loan was repaid in full upon maturity. Interest expense for the short-term bank loan was ¥203,049, ¥602,124 and ¥486,757 ($72,675) for the years ended June 30, 2020, 2021 and 2022, respectively.

SHORT-TERM BORROWINGS

SHORT-TERM BORROWINGS	12 Months Ended
	Jun. 30, 2022
SHORT-TERM BORROWINGS
SHORT-TERM BORROWINGS	NOTE 15. SHORT-TERM BORROWINGS Short-term borrowings due to third parties consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2021 ​ 2022 ​ 2022 Short-term borrowings due to third parties: RMB RMB U.S. Dollars Short-term borrowing, 15% annual interest, due on September 23, 2021* ​ ¥ 230,000 ​ ¥ — ​ $ — Short-term borrowing, interest-free, due on May 12, 2022* ​ ​ 200,000 ​ ​ — ​ ​ — Short-term borrowing, interest-free, due on June 21, 2022* ​ ​ 100,000 ​ ​ — ​ ​ — Total short-term borrowings due to third parties ​ ¥ 530,000 ​ ¥ — ​ $ — * The Company repaid the loans in full. ​ Interest expense for short-term borrowings due to a third party were ¥nil, ¥ 30,000 and ¥nil for the years ended June 30, 2020, 2021 and 2022, respectively. ​ Short-term borrowings due to related parties consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Short-term borrowings due to related parties: ​ RMB ​ RMB ​ U.S. Dollars Short-term borrowing from a founder, 4.35% annual interest, due on December 21, 2021* ¥ 5,006,042 ¥ — ​ $ — Short-term borrowing from a founder, 4.35% annual interest, due on March 25, 2022* ​ ​ 4,000,000 ​ ​ — ​ ​ — Short-term borrowing from a founder’s family member, 0% annual interest, due on December 31, 2021* ​ ​ 670,000 ​ ​ — ​ ​ — Short-term borrowing from a founder’s family member, 0% annual interest, due on March 24, 2022* ​ ​ 3,000,000 ​ ​ — ​ ​ — Short-term borrowing from a founder, 4.35% annual interest, due on November 17, 2022 ​ ​ — ​ ​ 4,006,767 ​ ​ 598,228 Short-term borrowing from a founder, 4.35% annual interest, due on December 26, 2022 ​ ​ — ​ ​ 5,002,389 ​ ​ 746,879 Total short-term borrowings due to related parties ¥ 12,676,042 ¥ 9,009,156 ​ $ 1,345,107 * The Company repaid the loans in full on maturity date. ​ No short-term borrowings due to related parties were guaranteed or collateralized at June 30, 2021 and 2022. Interest expense for short-term borrowings due to related parties were ¥ 506,358, ¥ 433,281 and ¥ 397,468 ($59,344) for the years ended June 30, 2020, 2021 and 2022, respectively.

LONG-TERM BORROWINGS DUE TO REL

LONG-TERM BORROWINGS DUE TO RELATED PARTY	12 Months Ended
	Jun. 30, 2022
LONG-TERM BORROWINGS DUE TO RELATED PARTY
LONG-TERM BORROWINGS DUE TO RELATED PARTY	NOTE 16. LONG-TERM BORROWINGS DUE TO RELATED PARTY Long-term borrowings due to related party consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Long-term borrowings due to related party: ​ RMB ​ RMB ​ U.S. Dollars Long-term borrowing from a founder, monthly payments of ¥126,135 inclusive of interest at 8.90%, ten years loan, due in November 2027. ¥ 7,406,617 ¥ 6,510,606 $ 972,062 Less: current portion ​ (920,066) ​ (999,530) ​ (149,234) Total long-term borrowings due to related party ¥ 6,486,551 ¥ 5,511,076 ​ $ 822,828 ​ No short-term borrowings due to related parties were guaranteed or collateralized at June 30, 2021 and 2022. Interest expense for short-term borrowings due to related parties were ¥ 763,220, ¥693,641 and ¥617,611 ($92,212) for the years ended June 30, 2020, 2021 and 2022, respectively. The future maturities of long-term borrowings due to related party at June 30, 2022 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2023 ¥ 999,530 ​ $ 149,234 2024 ​ 1,065,921 ​ 159,147 2025 ​ 1,164,755 ​ 173,903 2026 ​ 1,272,753 ​ 190,028 2027 ​ ​ 1,390,765 ​ ​ 207,647 Thereafter ​ 616,882 ​ 92,103 Total ¥ 6,510,606 ​ $ 972,062 ​

CLASS A ORDINARY SHARES

CLASS A ORDINARY SHARES	12 Months Ended
	Jun. 30, 2022
CLASS A ORDINARY SHARES.
CLASS A ORDINARY SHARES	NOTE 17. CLASS A ORDINARY SHARES Share offering On August 21, 2018, the Company entered into a definitive investment agreement and a supplemental agreement (collectively, the “Agreement”) with FGS and the other shareholders of FGS. Following full performance under the Agreement, Recon will own 43% of FGS. As consideration for increasing its affiliates’ interest in FGS from 8% to 43%, the Company will (1) pay a total of RMB 10 million in cash to FGS and (2) issue 487,057 restricted Class A Ordinary Shares of the Company (the “Restricted Shares”) to the other shareholders of FGS within 30 days after FGS finalizes recording the Company’s corresponding interest at the local governmental agency. If FGS does not reach certain performance goals, the Company has the right to cancel without further payment part or all of the Restricted Shares. The Restricted Shares are also subject to lock-up period requirements that vary for each FGS shareholder, from two and a half years to four and a half years following issuance of the Restricted Shares under the supplemental agreement dated March 17, 2020. FGS has finalized recording Recon’s corresponding interest at the local governmental agency, and Recon issued 487,057 Restricted Shares in total to the other shareholders of FGS at a price of $6.4375 per restricted share on September 21, 2018. On December 10, 2019, the Company’s Board approved to effect a one-for- five On May 21, 2020 and June 26, 2020, the Company and certain institutional investors (the “Purchasers”) entered into certain securities purchase agreements, pursuant to which the Company sold to such Purchasers an aggregate of 911,112 and 1,680,000 Class A Ordinary Shares, respectively, par value $0.0925 per share in a registered direct offering and warrants to purchase up to 911,112 and 1,680,000 Class A Ordinary Shares in a concurrent private placement, respectively, for gross proceeds of approximately $2.1 million and $2.1 million, respectively, before deducting the placement agent’s fees and other estimated offering expenses of approximately $0.3 million and $0.2 million, respectively. The net proceeds from these purchase agreements were approximately $1.7 million and $1.9 million, respectively. On April 5, 2021, the Company held its annual general meeting of shareholders (the “Annual Meeting”) for the fiscal year ended June 30, 2020. At the Annual Meeting, the Company’s shareholders approved a special resolution that the authorized share capital of the Company be amended from US$1,850,000 divided into 20,000,000 Class B Ordinary Shares of a nominal or par value of US$0.0925 each, to US$15,725,000 divided into 150,000,000 Class A Ordinary Shares of a nominal or par value of US$0.0925 (¥0.62) each, and 20,000,000 Class B Ordinary Shares of a nominal or par value of US$0.0925 (¥0.62) each. The change from Ordinary Shares to Class A Ordinary Shares is reflected with the NASDAQ Capital Market and in the marketplace at the open of business on April 12, 2021, whereupon the Class A Ordinary Shares began trading. The Company’s Class A Ordinary Shares will continue to trade on the NASDAQ Capital Market under the symbol “RCON” and under the CUSIP Number of G7415M124. Holders of Class A Ordinary Shares and Class B Ordinary Shares shall at all times vote together as one class on all resolutions submitted to a vote by the Members. Each Class A Ordinary Share shall be entitled to one (1) vote on all matters subject to vote at general meetings of the Company, and each Class B Ordinary Share shall be entitled to fifteen (15) votes on all matters subject to vote at general meetings of the Company. On June 14, 2021, the Company and certain institutional investors (the “Purchasers”) entered into that certain securities purchase agreement (the “Purchase Agreement”), pursuant to which the Company agreed to sell to such Purchasers an aggregate of 6,014,102 Class A Ordinary Shares, par value $0.0925 per share and 2,800,000 pre-funded warrants (the “Pre-Funded Warrants”) to purchase Class A Ordinary Shares in a registered direct offering, and warrants to purchase up to 8,814,102 Class A Ordinary Shares (the “Warrants”) in a concurrent private placement, for gross proceeds of approximately $55.0 million (the “Offering”) before deducting the placement agent’s fees and other offering expenses in an aggregate amount of ¥30,408,264, or $4.7 million. The following table summarizes the Company’s Pre-Funded Warrants activities and status of Pre-Funded Warrants at June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted Average ​ ​ ​ ​ Average Remaining ​ ​ Pre-Funded ​ Exercise Price Period Pre-Funded Warrants Warrants Per Share (Years) Outstanding as of June 30, 2020 — ​ $ — ​ — Issued 2,800,000 ​ 0.01 ​ — Forfeited — ​ — ​ — Exercised (1,330,000) ​ 0.01 ​ — Expired — ​ — ​ — Outstanding as of June 30, 2021 1,470,000 ​ $ 0.01 ​ 5.46 Issued — ​ — ​ — Forfeited — ​ — ​ — Exercised (1,470,000) ​ $ 0.01 ​ — Expired — ​ — ​ — Outstanding as of June 30, 2022 — ​ $ — ​ — ​ Appropriated Retained Earnings ​ According to the Memorandum and Articles of Association, the Company is required to transfer a certain portion of its net profit, as determined under PRC accounting regulations, from current net income to the statutory reserve fund. In accordance with the PRC Company Law, companies are required to transfer 10% of their profit after tax, as determined in accordance with PRC accounting standards and regulations, to the statutory reserves until such reserves reach 50% of the registered capital or paid-in capital of the companies. As of June 30, 2021 and 2022, the balance of total statutory reserves was ¥4,148,929 and ¥4,148,929 ($619,454), respectively.

ORDINARY SHARES PURCHASE WARRAN

ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS	12 Months Ended
	Jun. 30, 2022
ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS
ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS	NOTE 18. ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS In May and June 2020, the Company consummated two offerings. In connection with the offering, the Company issued to the investors warrants to purchase an aggregate of 911,112 Class A ordinary shares at an exercise price of $2.25 per Class A ordinary share, which was amended to $1.25 per Class A ordinary share on the second offering on June 30, 2020. These warrants are exercisable at any time, and from time to time, in whole or in part, commencing on May 26, 2020 and expire on November 25, 2025. The fair value of these warrants, using the Black-Scholes option pricing model, on the date of issuance was $1,689,389. Variables used in the option-pricing model include (1) risk-free interest rate at the date of grant (0.40%), (2) expected warrant life of 5.5 years, (3) expected volatility of 99.50%, and (4) expected dividend yield of 0. As of June 30, 2021, all warrants were exercised and all the underlying shares were issued. In June 2020, the Company issued to the investors warrants to purchase an aggregate of 1,680,000 Class A ordinary shares at an exercise price of $1.25 per Class A ordinary share. These warrants are exercisable at any time, and from time to time, in whole or in part, commencing on June 30, 2020 and expire on December 30, 2025. The fair value of these warrants, using the Black-Scholes option pricing model, on the date of issuance was $1,639,333. Variables used in the option-pricing model include (1) risk-free interest rate at the date of grant (0.35%), (2) expected warrant life of 5.5 years, (3) expected volatility of 104.26%, and (4) expected dividend yield of 0. As of June 30, 2021, all warrants were exercised. ​ In June 2021, the Company issued to some institutional investors warrants to purchase an aggregate of up to 8,814,102 Class A Ordinary Shares. The warrants are subject to deemed-liquidation redemption features and are therefore classified as a liability in accordance with FASB ASC 480. Warrant liability is classified as non-current liabilities as their liquidation is not reasonably expected to require the use of current assets or require the creation of current liabilities. The warrant liability is re-valued at each reporting period with the change in fair value recorded through earnings. The Company established the initial fair value of the warrants at $34,860,000. As of June 30, 2021, the fair value of the warrant liability was $29,520,000. During the period from June 14, 2021 (date of initial measurement) through June 30, 2021, there was change in fair value of warrant liability in an aggregate amount of $5,340,000 recorded as a part of offset to the Company’s net loss for the year. As of June 30, 2022, the fair value of the warrant liability was $2,490,000 (¥16,677,328). During the year ended June 30, 2022, there was change in fair value of warrant liability in an aggregate amount of $27,030,000 recorded as a part of offset to the Company’s net loss from operations for the year ended June 30, 2022. ​ The key inputs into the Black-Scholes model were as follows at their measurement dates: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 14, 2021 ​ ​ June 30, ​ June 30, ​ (Initial Input ​ 2022 ​ 2021 ​ measurement) Share price ​ 0.66 ​ $ 4.33 ​ ​ 5.01 ​ Risk-free interest rate ​ 3.00 % 0.95 % 0.90 % Volatility ​ 109 % 111 % 111 % Exercise price ​ 6.24 ​ ​ 6.24 ​ ​ 6.24 ​ Warrant life ​ 4.46 years ​ 5.46 years ​ 5.50 years ​ ​ The following table presents information about the Company’s warrants that were measured at fair value on a recurring basis as of June 30, 2021 and 2022, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices In Significant Other Significant Other ​ ​ June 30, ​ Active Markets ​ Observable Inputs ​ Unobservable Inputs Description ​ 2021 ​ (Level 1) ​ (Level 2) ​ (Level 3) Liabilities: ​ ​ ​ ​ Warrant liability ​ $ 29,520,000 ​ $ — ​ $ — ​ $ 29,520,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices In Significant Other Significant Other ​ ​ June 30, Active Markets Observable Inputs Unobservable Inputs Description 2022 (Level 1) (Level 2) (Level 3) Liabilities: ​ ​ ​ ​ Warrant liability ​ $ 2,490,000 ​ $ — ​ $ — ​ $ 2,490,000 ​ The following table summarizes the Company’s Warrants activities and status of Warrants at June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted Average ​ ​ ​ ​ Average ​ Remaining ​ ​ ​ ​ Exercise Price ​ Period Warrants Warrants Per Share (Years) Outstanding as of June 30, 2020 2,591,112 ​ $ 1.25 5.50 Issued 8,814,102 ​ 6.24 Forfeited — ​ — Exercised (2,591,112) ​ 1.25 Expired — ​ — Outstanding as of June 30, 2021 8,814,102 ​ $ 6.24 5.46 Issued — ​ — Forfeited — ​ — Exercised — ​ — Expired — ​ — Outstanding as of June 30, 2022 8,814,102 ​ $ 6.24 4.46 ​

CONVERTIBLE NOTES PAYABLE

CONVERTIBLE NOTES PAYABLE	12 Months Ended
	Jun. 30, 2022
CONVERTIBLE NOTES PAYABLE
CONVERTIBLE NOTES PAYABLE	NOTE 19. CONVERTIBLE NOTES PAYABLE On November 25, 2020, the Company and certain accredited investors (the “Investors”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company sold to the Investors, and the Investors purchased from the Company, in an unregistered private transaction, convertible promissory notes (the “Convertible Notes”) with an aggregate principal amount of $6,485,000, convertible into Class A Ordinary Shares, $0.0925 par value per share of the Company at a rate of $0.71 per Class A Ordinary Share, upon the terms and subject to the limitations and conditions set forth in such Convertible Notes. The Convertible Notes bears interest at a rate of 12% per year and will have a term of six (6) months. The Company will repay the Convertible Notes principal and interest in six (6) equal monthly payments, subject to earlier conversion or repayment. The Holders have the right to convert the Convertible Notes, and the Company has the right to repay the Convertible Notes without penalty, in whole or in part during the term of the Notes. In the event of such early conversion or repayment, the Company has the right to make such payment in shares, cash, or combination of shares and cash, and the amount payable will equal the amount of accrued and outstanding principal and interest on such repaid amount, and the Company will not have any make-whole obligations. Assuming payment of principal and interest entirely in Class A Ordinary Shares and no early conversion or repayment, the Company would issue up to an aggregate of Class A 9,466,137 Ordinary Shares in connection with the Convertible Notes. On January 28, 2021, the Company received the conversion notices from the Investors, and Class A Ordinary Shares totaling 9,225,338 were issued by the Company to the Investors equaling principal and interests amounted to $6,549,990, after the issuance, all the outstanding principle and interests have been converted.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
	Jun. 30, 2022
SHARE-BASED COMPENSATION
SHARE-BASED COMPENSATION	NOTE 20. SHARE-BASED COMPENSATION Share-Based Awards Plan The following is a summary of the share options activity: ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ ​ Exercise Price Share Options ​ Shares ​ Per Share Outstanding as of June 30, 2020 109,520 ​ $ 10.02 Granted — ​ — Forfeited — ​ — Exercised — ​ — Expired ​ — ​ ​ — Outstanding as of June 30, 2021 109,520 ​ $ 10.02 Granted — ​ — Forfeited (29,520) ​ 14.80 Exercised — ​ — Expired ​ — ​ ​ — Outstanding as of June 30, 2022 80,000 ​ $ 8.25 ​ The following is a summary of the status of options outstanding and exercisable at June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding Options ​ Exercisable Options ​ ​ ​ Average ​ ​ ​ Average ​ ​ ​ ​ ​ Remaining ​ ​ ​ ​ ​ ​ Remaining Average Exercise ​ ​ Contractual ​ Average Exercise ​ ​ Contractual Price ​ Number life (Years) ​ Price ​ Number life (Years) $ 8.25 80,000 2.59 ​ $ 8.25 80,000 2.59 ​ ​ 80,000 ​ ​ The Share-based compensation expense recorded for share options granted were all ¥Nil for the years ended June 30, 2020, 2021 and 2022, respectively. No unrecognized share-based compensation for share options as of June 30, 2022. Restricted Shares to Senior Management As of June 30, 2022, the Company has granted restricted Class A Ordinary Shares to senior management and employees as follows: On October 13, 2017, the Company granted 180,000 restricted shares to its employees as compensation cost for awards. The fair value of the restricted shares was $919,800 based on the closing share price $5.11 at October 13, 2017. These restricted shares will vest over three years with one-third of the shares vesting every year from the grant date. All granted shares under this plan are fully vested on October 13, 2020. On August 21, 2018, the Company granted 391,200 restricted shares to its employees as compensation cost for awards. The fair value of the restricted shares was $2,523,240 based on the closing share price $6.45 at August 21, 2018. These restricted shares will vest over three years with one-third of the shares vesting every year from the grant date. All granted shares under this plan are fully vested on September 03, 2021. On February 28, 2022, the Company granted 1,642,331 Class A shares to its employees as compensation cost for awards. The fair value of the restricted shares was $1,708,024 based on the closing share price $1.04 at February 28, 2022. These restricted shares will vest over three years with one-third of the shares vesting every year from the grant date. No shares under this plan are vested as the date of this report. 250,086, 188,662 and 128,672 restricted Class A restricted shares were issued outstanding the As of June 30, 2022, the Company has granted restricted Class B Ordinary Shares to senior management as follows: On December 5, 2021, the Company granted 2,500,000 restricted shares to its management as compensation cost for awards. The fair value of the restricted shares was $4,175,000 based on the fair value of the share price $1.67 at December 5, 2021. These restricted shares vested immediately on the grant date. All granted shares under this plan are issued and outstanding on December 5, 2021. On February 28, 2022, the Company granted 1,600,000 restricted shares to its management as compensation cost for awards. The fair value of the restricted shares was $1,694,000 based on the fair value of share price $1.06 at February 28, 2022. These restricted shares vested immediately on the grant date. All granted shares under this plan are issued and outstanding on February 28, 2022. Nil, nil and 4,100,000 restricted Class B restricted shares were issued and outstanding for the years ended June 30, 2020, 2021 and 2022, respectively, for all the plans mentioned above. The share-based compensation expense recorded for restricted shares issued for management was ¥7,944,835, ¥6,140,037 and ¥39,263,485 ($5,862,215) for the years ended June 30, 2020, 2021 and 2022, respectively. The total unrecognized share-based compensation expense of restricted shares issued for management and employees as of June 30, 2022 was approximately ¥10.2 million ($1.5 million), which is expected to be recognized over a weighted average period of approximately 2.67 years. Restricted Shares for service As of June 30, 2022, the Company has granted restricted Class A Ordinary Shares to consultant as follows: On November 10, 2021, the Company signed a service agreement with Starry. As the service consideration, the Company should issue 500,000 restricted Class A Ordinary Shares which vested in equal monthly amounts through the end of December 31, 2021. Half of the restricted Class A Ordinary Shares was valued based on the closing share price of $1.60 on December 10, 2021 and the other half was valued based on the closing share price of $1.31 on December 31, 2021. As of June 30, 2022, all granted shares under this plan are fully vested and issued. On January 5, 2022, the Company signed a consulting agreement with Lintec Information Ltd (the “Consultant”). As the service consideration, the Company issued 1,050,000 restricted Class A Ordinary Shares with a value of $1,354,500 based on the closing share price of $1.29 on January 5, 2022 to the Consultant on January 5, 2022 as payment for being the Company’s investment and financial advisor for a period of one year. The vesting period of these shares was one year from the date of contract. All of the restricted shares were issued under this plan on January 5, 2022 and half of the granted shares under this plan was vested as of June 30, 2022. Nil, nil and 1,550,000 restricted Class A restricted shares were issued and outstanding for the years ended June 30, 2020, 2021 and 2022, respectively, for all the plans mentioned above. The Share-based compensation expense recorded for restricted shares issued for service was ¥33,927, ¥nil and ¥8,935,920 ($1,334,173) for the years ended June 30, 2020, 2021 and 2022, respectively. The total unrecognized share-based compensation expense of restricted shares issued for service as of June 30, 2022 was approximately ¥4.5 million ($0.7 million), which is expected to be recognized over a weighted average period of approximately 0.52 year. Following is a summary of the restricted shares granted: ​ ​ ​ ​ Restricted share grants Shares Non-vested as of June 30, 2020 320,800 Granted — Vested (190,400) Non-vested as of June 30, 2021 130,400 Granted 7,292,331 Vested (5,255,400) Non-vested as of June 30, 2022 2,167,331 ​ The following is a summary of the status of restricted share at June 30, 2022: ​ ​ ​ ​ ​ ​ ​ Outstanding Restricted Shares ​ ​ Average ​ ​ ​ ​ Remaining Fair Value per ​ ​ Amortization Share ​ Number Period (Years) $ 1.04 1,642,331 ​ 2.67 $ 1.29 525,000 0.52 ​ ​ 2,167,331 ​

INCOME TAX

INCOME TAX	12 Months Ended
	Jun. 30, 2022
INCOME TAX
INCOME TAX	NOTE 21. INCOME TAX The Company is not subject to any income taxes in the United States or the Cayman Islands and had minimal operations in jurisdictions other than the PRC. BHD and Nanjing Recon are subject to PRC’s income taxes as PRC domestic companies. The Company follows Implementing Rules for the Enterprise Income Tax Law (“Implementing Rules”), which took effect on January 1, 2008 and unified the income tax rate for domestic-invested and foreign-invested enterprises at 25%. Nanjing Recon was approved as a government-certified high-technology company and is subject to a reduced income tax rate of 15% through November 30, 2019. Nanjing Recon reapplied for a high-technology company certificate, and the new certificate was approved as November 22, 2019 and will expire on November 22, 2022. As approved by the domestic tax authority in the PRC, BHD was recognized as a government-certified high-technology company on November 25, 2009 and is subject to a reduced income tax rate of 15% through November 25, 2018. BHD reapplied for a high-technology company certificate, and the new certificate was approved as October 31, 2018 and expired on October 31, 2021. BHD reapplied for a high-technology company certificate, and the new certificate was approved as December 17, 2021 and will expire on December 17, 2024. Income (loss) before provision for income taxes consisted of: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2020 ​ 2021 ​ 2022 ​ 2022 ​ RMB RMB RMB U.S. Dollars Outside China areas ¥ (10,160,525) ¥ 4,011,449 ¥ 113,741,972 ​ $ 16,982,188 China ​ (9,679,757) ​ (30,402,528) ​ (20,066,451) ​ (2,996,011) Total ¥ (19,840,282) ¥ (26,391,079) ¥ 93,675,521 ​ $ 13,986,177 ​ Deferred tax assets and (liabilities) net is composed of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Deferred tax assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses ¥ 2,137,968 ¥ 1,781,573 ​ $ 265,997 Impairment for inventory ​ ​ 160,791 ​ ​ 59,913 ​ ​ 8,945 Net operating loss carryforwards ​ 15,741,037 ​ 16,511,047 ​ 2,465,175 Subtotal ​ ​ 18,039,796 ​ ​ 18,352,533 ​ ​ 2,740,117 Less: Valuation allowance ​ ​ (17,427,464) ​ ​ (17,193,874) ​ ​ (2,567,124) Total deferred tax assets ​ ​ 612,332 ​ ​ 1,158,659 ​ ​ 172,993 Deferred tax liabilities: ​ ​ ​ ​ ​ 　 ​ ​ ​ 　 ​ Accelerated amortization of intangible assets ​ ​ (92,032) ​ ​ (119,271) ​ ​ (17,808) Gain on the previously held equity method investment ​ ​ (146,888) ​ ​ (146,888) ​ ​ (21,931) Recognition of customer relationship arising from business combinations ​ ​ (997,500) ​ ​ (892,500) ​ ​ (133,254) Total deferred tax liabilities ​ (1,236,420) ​ (1,158,659) ​ ​ (172,993) Deferred tax liabilities, net ¥ (624,088) ¥ — ​ $ — ​ The Company’s subsidiaries, VIEs and VIEs’ subsidiaries incurred a cumulative net operating loss (“NOL”) which may reduce future corporate taxable income. As of June 30, 2021, the cumulative NOL was approximately ¥91.4 million. During the year ended June 30, 2022, NOL amounted to approximately ¥28.1 million ($4.2 million) was expired, and the Company’s subsidiaries, VIEs and VIEs’ subsidiaries incurred an additional NOL carryforwards of approximately ¥31.9 million ($4.8 million) and utilized NOL of approximately ¥0.6 million ($0.1 million), resulting in a cumulative NOL carryforwards of approximately ¥94.6 million ($14.1 million) as of June 30, 2022. The tax benefit in relation to the utilization of the NOL by one of the VIEs was ¥158,062 ($23,599) during the year ended June 30, 2022. ​ The NOL will expire over the next five years as follows: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2023 ​ ¥ 13,146,922 ​ $ 1,962,895 2024 ​ 10,484,902 ​ 1,565,443 2025 ​ 19,617,124 ​ 2,928,925 2026 ​ 32,533,742 ​ 4,857,434 2027 ​ 18,769,899 ​ 2,802,430 Total ​ ¥ 94,552,589 ​ $ 14,117,127 ​ Following is a reconciliation of income tax expense (benefit) at the effective rate to income tax at the calculated statutory rates: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2020 2021 2022 2022 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars Income tax (benefits) expenses calculated at PRC statutory rates ¥ (4,960,454) ¥ (6,597,770) ¥ 23,418,880 ​ $ 3,496,544 Nondeductible expenses and others ​ 232,213 ​ 338,058 ​ 263,655 ​ 39,365 Effect of tax rate differential ​ 2,008,824 ​ 626,245 ​ (24,061,020) ​ (3,592,418) Benefit of revenue exempted from enterprise income tax ​ (266,548) ​ (57,250) ​ (1,799) ​ (269) Change in valuation allowances ​ 3,268,287 ​ 5,264,804 ​ (233,590) ​ (34,876) Tax refund ​ — ​ (98,338) ​ — ​ — Income tax expenses (benefit) ¥ 282,322 ¥ (524,251) ¥ (613,874) ​ $ (91,654) ​ The Company’s income tax expense (benefit) is comprised of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2020 2021 2022 2022 ​ RMB RMB RMB U.S. Dollars Current income tax provision (benefit) ¥ 282,322 ¥ (98,338) ¥ 10,214 ​ $ 1,525 Deferred income tax benefit ​ — ​ (425,913) ​ (624,088) ​ (93,179) Income tax expenses (benefit) ¥ 282,322 ¥ (524,251) ¥ (613,874) ​ $ (91,654) ​

NON-CONTROLLING INTEREST

NON-CONTROLLING INTEREST	12 Months Ended
	Jun. 30, 2022
NON-CONTROLLING INTEREST.
NON-CONTROLLING INTEREST	NOTE 22. NON-CONTROLLING INTEREST Non-controlling interest consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2021 ​ ​ Nanjing Gan Su Qinghai ​ ​ ​ ​ ​ ​ ​ ​ BHD ​ Recon ​ BHD ​ BHD ​ FGS Total ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB RMB ​ U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 4,805,000 ​ ¥ — ​ ¥ — ​ ¥ 6,656,000 ​ $ 1,046,308 Capital contribution receivable due from non-controlling Interest ​ — ​ — ​ — ​ ​ — ​ ​ (50,000,000) ​ ​ (50,000,000) ​ (7,859,883) Unappropriated retained earnings (deficit) ​ 3,477,493 ​ 3,616,002 ​ (4,106,883) ​ ​ (1,442,443) ​ ​ (539,034) ​ ​ 1,005,135 ​ 158,005 Accumulated other comprehensive loss ​ ​ (18,850) ​ ​ (11,853) ​ ​ — ​ ​ — ​ ​ — ​ ​ (30,703) ​ ​ (4,826) Valuation increase shared by minority shareholders ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 34,790,000 ​ ​ 34,790,000 ​ ​ 5,468,906 Total non-controlling interests ¥ 5,109,643 ¥ 3,804,149 ¥ 698,117 ​ ¥ (1,442,443) ​ ​ (15,749,034) ​ ¥ (7,579,568) ​ $ (1,191,490) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2022 ​ ​ ​ Nanjing Gan Su Qinghai ​ ​ ​ ​ ​ ​ ​ ​ BHD ​ Recon ​ BHD ​ BHD ​ FGS ​ Total ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB ​ U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 4,805,000 ​ ¥ — ​ ¥ — ​ ¥ 6,656,000 ​ $ 993,771 Capital contribution receivable due from non-controlling Interest ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ (48,870,000) ​ ​ (48,870,000) ​ ​ (7,296,511) Unappropriated retained earnings (deficit) ​ 3,477,493 ​ 3,616,001 ​ (4,972,129) ​ ​ (1,520,225) ​ ​ (893,405) ​ (292,265) ​ (43,635) Accumulated other comprehensive loss ​ (18,850) ​ (11,853) ​ — ​ ​ — ​ ​ — ​ (30,703) ​ (4,584) Valuation increase shared by minority shareholders ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 34,790,000 ​ ​ 34,790,000 ​ ​ 5,194,303 Total non-controlling interests ¥ 5,109,643 ¥ 3,804,148 ¥ (167,129) ​ ¥ (1,520,225) ​ ​ (14,973,405) ​ ¥ (7,746,968) ​ $ (1,156,656) ​ The Company had capital contribution receivable due from non-controlling interest of FGS amounted to ¥50,000,000 as of June 30, 2021. The Company received capital contribution from a non-controlling shareholder of FGS amounted to ¥1,130,000 ($168,714) during the year ended June 30, 2022, and the capital contribution receivable due from non-controlling Interest of FGS amounted to ¥48,870,000 ($7,296,511) as of June 30, 2022. The Company received capital contribution from non-controlling shareholders of Gan Su BHD amounted to ¥405,000, ¥50,000 and ¥nil during the years ended June 30, 2020, 2021 and 2022, respectively.

CONCENTRATIONS

CONCENTRATIONS	12 Months Ended
	Jun. 30, 2022
CONCENTRATIONS
CONCENTRATIONS	NOTE 23. CONCENTRATIONS Credit risk As of June 30, 2021 and 2022, approximately ¥18.8 million and ¥20.3 million ($3.0 million) of the Company’s cash was on deposit at financial institutions in the PRC, respectively. Per PRC regulations, the maximum insured bank deposit amount is RMB500,000 for each financial institution. The Company’s total unprotected cash held in banks amounted to approximately ¥16.3 million and ¥17.8 million ($2.7 million) as of June 30, 2021 and 2022, respectively. As of June 30, 2021 and 2022, approximately ¥325.1 million and ¥297.2 million ($44.4 million) of the Company’s cash was on deposit at financial institutions in the Hong Kong, respectively. Per Hong Kong regulations, the maximum insured bank deposit amount is HKD 500,000 for each financial institution. The Company’s total unprotected cash held in banks amounted to approximately ¥324.7 million and ¥296.8 million ($44.3 million) as of June 30, 2021 and 2022, respectively. Customer concentration risk For the year ended June 30, 2020, CNPC represented 39% and another two customers represented 31% and 17% of the Company’s revenue, respectively. At June 30, 2020, CNPC accounted for 36% and another two customers accounted for 11% and 10% of the Company’s trade accounts receivable, net, respectively. For the year ended June 30, 2021, CNPC represented 39%, SINOPEC represented 22% of the Company’s revenue, respectively. At June 30, 2021, CNPC accounted for 29%, SINOPEC represented 13% and another two customers accounted for 19% and 14% of the Company’s trade accounts receivable, net, respectively. For the year ended June 30, 2022, CNPC represented 50%, SINOPEC represented 28%, and another customer represented 10% of the Company’s total revenue, respectively. At June 30, 2022, CNPC accounted for 49%, SINOPEC represented 22% and another customer accounted for 14% of the Company’s trade accounts receivable, net, respectively.

COMMITMENTS AND CONTINGENCY

COMMITMENTS AND CONTINGENCY	12 Months Ended
	Jun. 30, 2022
COMMITMENTS AND CONTINGENCY
COMMITMENTS AND CONTINGENCY	NOTE 24. COMMITMENTS AND CONTINGENCY (a) Contingency Severance payments 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, 2022, the Company estimated its severance payments of approximately ¥7.1 million ($1.1 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. Legal contingencies On December 1, 2021, Henan Puxinfangfu Construction Engineering Co., Ltd. (“the Plaintiff”) submitted a Civil Complaint to the People’s Court of Suzhou District, Jiuquan City, Gansu Province (the “Court”) against Gan Su BHD. The complaint requested that Gan Su BHD shall make the compensation to the Plaintiff for the outstanding trade payable plus the interest, and the litigation fee in this case shall be borne by Gan Su BHD. The Plaintiff also applied for property preservation before litigation to preserve the bank account of the Company. On December 1, 2021, the Court issued a judgement and approximately ¥0.7 million ($0.1 million) of Gan Su BHD’s bank balance was became restricted for one year. On April 7, 2022 and June 9, 2022, the Court issued first and second judgement which stated that the case to transfer to Yumen People's Court for jurisdiction. As of June 30, 2022, Gan Su BHD recorded ¥1.82 million ($271,734) trade account payable due to the Plaintiff, and the compensation claimed by the Plaintiff was approximately ¥2.0 million (approximately $0.3 million). As the date of this report, the outcome of this legal proceeding is uncertain at this point because of the many questions of fact and law that may arise, and Gan Su BHD will vigorously defend itself and seek for less settlement payment in the next trail of this litigation (b) Purchase commitment The total future minimum purchase commitment under the non-cancellable purchase contracts as of June 30, 2022 are payable as follows: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, Minimum purchase commitment 2023 ​ ¥ 26,967,803 ​ $ 4,026,414 2024 ​ ​ 300,000 ​ ​ 44,791 2025 ​ ​ 300,000 ​ ​ 44,791 2026 ​ ​ 150,000 ​ ​ 22,396 Thereafter ​ — ​ — Total minimum payments required ¥ 27,717,803 ​ $ 4,138,392 ​ (c) Office Leases Commitment - short term ​ The Company entered into several non-cancellable operating lease agreements for office spaces and factories. Future payments under such leases were included in lease liabilities as disclosed in Note 11, other than those within under lease agreements within one year which are disclosed as follows as of June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2023 ¥ 549,219 ​ $ 82,001 Total ¥ 549,219 ​ $ 82,001 ​

RELATED PARTY TRANSACTIONS AND

RELATED PARTY TRANSACTIONS AND BALANCES	12 Months Ended
	Jun. 30, 2022
RELATED PARTY TRANSACTIONS AND BALANCES
RELATED PARTY TRANSACTIONS AND BALANCES	NOTE 25. RELATED PARTY TRANSACTIONS AND BALANCES Sales to a related party – ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2020 ​ 2021 ​ 2022 ​ 2022 ​ RMB RMB RMB U.S. Dollars Urumqi Yikeli Automatic Control Equipment Co., Ltd. * ​ ¥ — ​ ¥ 85,657 ​ ¥ — ​ $ — Total revenue from a related party ​ ¥ — ​ ¥ 85,657 ​ ¥ — ​ $ — ​ * The noncontrolling shareholder of Gan Su BHD owns 10% interests in Urumqi Yikeli Automatic Control Equipment Co., Ltd. ​ Prepaid expenses - related parties ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2021 June 30, 2022 June 30, 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Founders ¥ 363,000 ¥ 275,000 ​ $ 41,059 Founders' family member ​ 70,000 ​ — ​ — Total prepaid expenses - related parties ¥ 433,000 ¥ 275,000 ​ $ 41,059 ​ Leases from related parties - ​ The details of leases from related parties are as below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Monthly Rent Monthly Rent Lessee Lessor Rent Period RMB USD Nanjing Recon One of the founders April 1, 2022 - March 31, 2024 ¥ 40,000 ​ $ 5,972 BHD One of the founders January 1, 2022- Dec 31, 2022 ​ 31,667 ​ 4,728 BHD One of the founders January 1, 2022 - Dec 31, 2022 ​ 22,500 ​ 3,359 BHD Founders’ family member January 1, 2022 - Dec 31, 2022 ​ 16,667 ​ 2,488 ​ As of June 30, 2021, the operating lease ROU assets and corresponding operating lease liabilities of leases from related parties was ¥352,775 and ¥352,775, respectively. As of June 30, 2022, the operating lease ROU assets and corresponding operating lease liabilities of leases from related parties was ¥765,241 ($114,254) and ¥765,241 ($114,254), respectively. ​ Guarantee/collateral related parties

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	12 Months Ended
	Jun. 30, 2022
VARIABLE INTEREST ENTITIES
VARIABLE INTEREST ENTITIES	NOTE 26. VARIABLE INTEREST ENTITIES VIEs are generally entities that lack sufficient equity to finance their activities without additional financial support from other parties or whose equity holders lack adequate decision-making ability. All VIEs and their subsidiaries with which the Company is involved must be evaluated to determine the primary beneficiary of the risks and rewards of the VIE. The primary beneficiary is required to consolidate the VIE for financial reporting purposes. Summary information regarding consolidated VIEs and their subsidiaries is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2021 ​ June 30, 2022 ​ June 30, 2022 ​ RMB RMB U.S. Dollars ASSETS ​ ​ ​ ​ Current Assets ​ ​ ​ ​ Cash ¥ 4,293,380 ¥ 18,033,666 ​ $ 2,584,476 Restricted cash ​ ​ — ​ ​ 723,560 ​ ​ 108,031 Notes receivable ​ 6,305,633 ​ 10,828,308 ​ 1,616,715 Trade accounts receivable, net ​ 24,762,732 ​ 22,577,980 ​ 3,370,994 Inventories, net ​ ​ 3,644,522 ​ ​ 3,894,369 ​ ​ 581,447 Other receivables, net ​ ​ 5,988,641 ​ ​ 5,500,981 ​ ​ 821,321 Loans to third parties ​ ​ 1,350,000 ​ ​ 30,270,563 ​ ​ 4,519,531 Purchase advances, net ​ ​ 1,078,137 ​ ​ 178,208 ​ ​ 26,607 Contract costs, net ​ ​ 48,795,906 ​ ​ 33,858,820 ​ ​ 5,055,274 Prepaid expenses ​ ​ - ​ ​ 165,120 ​ ​ 24,653 Prepaid expenses- related parties ​ 433,000 ​ 275,000 ​ 41,059 Total current assets ​ 96,651,951 ​ 126,306,575 ​ ​ 18,750,108 ​ ​ ​ ​ ​ ​ 　 ​ ​ ​ 　 ​ Property and equipment, net ​ ​ 27,138,768 ​ ​ 25,474,162 ​ ​ 3,803,407 Land use right, net ​ ​ 1,253,408 ​ ​ 1,226,169 ​ ​ 183,073 Customer relationship ​ ​ 6,650,000 ​ ​ 5,950,000 ​ ​ 888,362 Long-term other receivables, net ​ ​ 114,679 ​ ​ 1,564,381 ​ ​ 233,569 Goodwill ​ ​ 6,996,895 ​ ​ 4,730,002 ​ ​ 706,211 Right of use assets ​ 7,925,930 ​ 5,440,590 ​ 812,305 Total Assets ¥ 146,731,631 ¥ 170,931,618 ​ $ 25,412,829 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES ​ ​ ​ ​ ​ ​ Short-term bank loan ¥ 15,000,000 ¥ 10,000,000 ​ $ 1,493,045 Trade accounts payable ​ ​ 18,182,770 ​ ​ 12,826,108 ​ ​ 1,914,996 Other payables ​ ​ 2,096,830 ​ ​ 1,469,761 ​ ​ 219,442 Other payable- related parties ​ ​ 1,253,797 ​ ​ 1,061,081 ​ ​ 158,424 Advance from customers ​ ​ 7,686,276 ​ ​ 2,107,277 ​ ​ 314,626 Accrued payroll and employees’ welfare ​ ​ 1,565,898 ​ ​ 1,213,040 ​ ​ 181,112 Intercompany payables* ​ ​ 123,331,367 ​ ​ 194,373,010 ​ ​ 29,020,764 Taxes payable ​ ​ 1,249,052 ​ ​ 2,211,190 ​ ​ 330,141 Short-term borrowings ​ ​ 530,000 ​ ​ — ​ ​ — Short-term borrowings - related parties ​ ​ 12,676,042 ​ ​ 9,009,156 ​ ​ 1,345,107 Long-term borrowings - related party - current portion ​ 920,066 ​ 999,530 ​ 149,234 Operating lease liabilities - current ​ 2,226,832 ​ 3,892,774 ​ 581,209 Total current liabilities ​ 186,718,930 ​ 239,162,927 ​ 35,708,100 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease liabilities - non-current ​ ​ 4,792,101 ​ ​ 2,184,635 ​ ​ 326,176 Long-term borrowings - related party ​ 6,486,551 ​ 5,511,076 ​ 822,828 Deferred tax liability ​ ​ 624,088 ​ ​ 187,972 ​ ​ 28,065 Total Liabilities ¥ 198,621,670 ¥ 247,046,610 ​ $ 36,885,169 *Intercompany payables are eliminated upon consolidation. ​ The financial performance of VIEs reported in the consolidated statement of operations and comprehensive loss for the year ended June 30, 2020 includes revenues of ¥45,681,441, operating expenses of ¥25,769,990, and net loss of ¥10,089,768. The financial performance of VIEs reported in the consolidated statement of operations and comprehensive loss for the year ended June 30, 2021 includes revenues of ¥47,817,378, operating expenses of ¥36,704,840, and net loss of ¥29,407,210. The financial performance of VIEs and their subsidiaries reported in the consolidated statement of operations and comprehensive income for the year ended June 30, 2022 includes revenues of ¥83,777,571 ($12,508,368), operating expenses of ¥35,725,237 ($5,333,938), and net loss of ¥18,180,305 ($2,714,401).

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Jun. 30, 2022
SEGMENT REPORTING
SEGMENT REPORTING	ASC 280, “Segment Reporting,” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the chief operating decision maker, reviews operation results by the revenue of different products. Based on management’s assessment, the Company has determined that it has four operating segments: automation product and software, equipment and accessories, oilfield environmental protection and platform outsourcing services. The following tables present summary information by segment for the years ended June 30, 2020, 2021 and 2022, respectively: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, ​ ​ 2020 ​ 2021 ​ 2022 ​ 2022 ​ RMB RMB RMB U.S. Dollars Automation product and software ¥ 51,413,830 ¥ 18,535,166 ¥ 31,944,055 ​ $ 4,769,390 Equipment and accessories ​ 14,222,623 ​ 15,791,623 ​ 17,159,381 ​ 2,561,973 Oilfield environmental protection ​ 124,198 ​ 11,043,979 ​ 25,335,363 ​ 3,782,684 Platform outsourcing services ​ ​ — ​ ​ 2,567,807 ​ ​ 9,338,772 ​ ​ 1,394,321 Total revenue ¥ 65,760,651 ¥ 47,938,575 ¥ 83,777,571 ​ $ 12,508,368 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2022 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 31,944,055 ¥ 17,159,381 ¥ 25,335,363 ¥ 9,338,772 ¥ 83,777,571 Cost of revenue and related tax ​ 29,824,014 ​ 10,479,615 ​ 20,222,446 ​ 3,826,759 ​ 64,352,834 Gross profit ¥ 2,120,041 ¥ 6,679,766 ¥ 5,112,917 ¥ 5,512,013 ¥ 19,424,737 Depreciation and amortization ¥ 421,619 ¥ 814,960 ¥ 2,045,601 ¥ 57,688 ¥ 3,339,868 Total capital expenditures ¥ 14,823 ¥ 21,456 ¥ 768,795 ¥ 194,578 ¥ 999,652 Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 31,944,055 ¥ 17,159,381 ¥ 15,779,825 ¥ 9,338,772 ¥ 74,222,033 Services rendered over time ​ ​ 　 ​ ​ ​ 　 ​ ​ ​ 9,555,538 ​ ​ — ​ ​ 9,555,538 Total revenue ¥ 31,944,055 ¥ 17,159,381 ¥ 25,335,363 ¥ 9,338,772 ¥ 83,777,571 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2021 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 18,535,166 ¥ 15,791,623 ¥ 11,043,979 ¥ 2,567,807 ¥ 47,938,575 Cost of revenue and related tax ​ 19,942,541 ​ 11,264,971 ​ 8,045,567 ​ 1,470,468 ​ 40,723,547 Gross profit ¥ (1,407,375) ¥ 4,526,652 ¥ 2,998,412 ¥ 1,097,339 ¥ 7,215,028 Depreciation and amortization ¥ 277,496 ¥ 851,612 ¥ 2,000,952 ¥ 20,729 ¥ 3,150,789 Total capital expenditures ¥ 26,761 ¥ 136,224 ¥ 315,944 ¥ 43,487 ¥ 522,416 Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 18,535,166 ​ ¥ 15,791,623 ​ ¥ 9,654,418 ​ ¥ 2,567,807 ​ ¥ 46,549,014 Services rendered over time ​ ​ — ​ ​ — ​ ​ 1,389,561 ​ ​ — ​ ​ 1,389,561 Total revenue ¥ 18,535,166 ¥ 15,791,623 ¥ 11,043,979 ¥ 2,567,807 ¥ 47,938,575 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2020 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 51,413,830 ¥ 14,222,623 ¥ 124,198 ¥ — ¥ 65,760,651 Cost of revenue and related tax ​ 38,257,914 ​ 7,683,662 ​ 212,679 ​ — ​ 46,154,255 Gross profit ¥ 13,155,916 ¥ 6,538,961 ¥ (88,481) ¥ — ¥ 19,606,396 Depreciation and amortization ¥ 98,756 ¥ 683,522 ¥ 827,422 ¥ — ¥ 1,609,700 Total capital expenditures ¥ 85,975 ¥ — ¥ 3,782,911 ¥ — ¥ 3,868,886 Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 10,871,301 ​ ¥ 14,222,623 ​ ¥ — ​ ¥ — ​ ¥ 25,093,924 Services rendered over time ​ ​ 40,542,529 ​ ​ — ​ ​ 124,198 ​ ​ — ​ ​ 40,666,727 Total revenue ¥ 51,413,830 ¥ 14,222,623 ¥ 124,198 ¥ — ¥ 65,760,651 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Total assets: ​ ​ ​ Automation product and software ¥ 156,435,379 ¥ 147,377,607 ​ $ 22,004,142 Equipment and accessories ​ 160,299,200 ​ 149,876,933 ​ 22,377,300 Oilfield environmental protection ​ 139,326,144 ​ 107,755,500 ​ 16,088,380 Platform outsourcing services ​ ​ 110,455,937 ​ ​ 85,232,044 ​ ​ 12,725,527 Total Assets ¥ 566,516,660 ¥ 490,242,084 ​ $ 73,195,349 ​

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2022
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 28. SUBSEQUENT EVENTS These consolidated financial statements were approved by management and available for issuance on October 28, 2022, and the Company has evaluated subsequent events through this date. No subsequent events required adjustments to or disclosure in these consolidated financial statements.

CONDENSED FINANCIAL INFORMATION

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY	12 Months Ended
	Jun. 30, 2022
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY	NOTE 29. CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY Pursuant to the requirements of Rules 12-04(a), 5-04(c), and 4-08(e)(3) of Regulation S-X, the condensed financial information of the parent company shall be filed when the restricted net assets of consolidated subsidiaries exceed 25 percent of consolidated net assets as of the end of the most recently completed fiscal year. The Company performed a test on the restricted net assets of consolidated subsidiaries in accordance with such requirements and concluded that it was applicable to the Company as the restricted net assets of the Company’s PRC subsidiary and VIEs exceeded 25% of the consolidated net assets of the Company. Therefore, the condensed financial statements for the parent company are included herein. For purposes of the above test, restricted net assets of consolidated subsidiaries and VIEs shall mean that amount of the Company’s proportionate share of net assets of consolidated subsidiaries (after intercompany eliminations) which as of the end of the most recent fiscal year may not be transferred to the parent company by subsidiaries and VIEs in the form of loans, advances, or cash dividends without the consent of a third party. The condensed financial information of the parent company has been prepared using the same accounting policies as set out in the Company’s consolidated financial statements except that the parent company used the equity method to account for investment in its subsidiaries and VIEs. Such investment is presented on the condensed balance sheets as “Investment in subsidiaries and VIEs” and the respective profit or loss as “Equity in earnings of subsidiaries and VIEs” on the condensed statements of income. The footnote disclosures contain supplemental information relating to the operations of the Company and, as such, these statements should be read in conjunction with the notes to the consolidated financial statements of the Company. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. The Company did not pay any dividend for the periods presented. As of June 30, 2021 and 2022, there were no material contingencies, significant provisions for long-term obligations, or guarantees of the Company, except for those which have been separately disclosed in the consolidated financial statements, if any. RECON TECHNOLOGY, LTD PARENT COMPANY BALANCE SHEETS (UNAUDITED) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars ASSETS ​ ​ ​ Cash ​ ¥ 325,116,815 ​ ¥ 296,838,959 ​ $ 44,319,391 Due from intercompanies ​ ​ 142,741,114 ​ ​ 205,224,961 ​ ​ 30,641,009 Other current assets ​ ​ 52,136,194 ​ ​ 20,364,424 ​ ​ 3,040,500 Total Current Assets ​ ​ 519,994,123 ​ ​ 522,428,344 ​ ​ 78,000,900 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-current assets ​ ​ ​ ​ ​ Investment in subsidiaries and VIEs ​ (49,551,884) ​ ​ (77,566,835) ​ ​ (11,581,077) Investment in unconsolidated entity ​ ​ 27,931,795 ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets ¥ 498,374,034 ​ ¥ 444,861,509 ​ ¥ 66,419,823 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES AND SHAREHOLDERS’ EQUITY ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other current liabilities ​ ​ 12,643,150 ​ ​ 7,552,452 ​ ​ 1,127,615 Total current Liabilities ​ ​ 12,643,150 ​ ​ 7,552,452 ​ ​ 1,127,615 ​ ​ ​ 　 ​ ​ ​ 　 ​ ​ ​ ​ Warrant liability ​ ​ 190,635,850 ​ ​ 16,677,328 ​ ​ 2,490,000 LIABILITIES ​ 203,279,000 ​ ​ 24,229,780 ​ ​ 3,617,615 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ COMMITMENTS AND CONTINGENCIES ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ SHAREHOLDERS’ EQUITY ​ ​ ​ Class A ordinary shares, $0.0925 U.S. dollar par value, 150,000,000 shares authorized; 26,868,391 shares and 27,180,718 shares issued outstanding ​ 16,340,826 ​ 18,001,670 ​ 2,687,730 Class B ordinary shares, $0.0925 U.S. dollar par value, 20,000,000 shares authorized; nil shares and 2,500,000 shares issued outstanding ​ — ​ 2,408,498 ​ 359,600 Additional paid-in capital ​ 479,490,763 ​ 496,038,696 ​ 74,060,807 Accumulated deficit ​ (202,711,391) ​ (107,124,596) ​ (15,994,184) Accumulated other comprehensive income (loss) ​ 1,974,836 ​ 11,307,461 ​ 1,688,255 Total shareholders’ equity ​ 295,095,034 ​ 420,631,729 ​ 62,802,208 ​ ​ ​ 　 ​ ​ ​ 　 ​ ​ ​ 　 ​ Total liabilities and shareholders’ equity ¥ 498,374,034 ​ ¥ 444,861,509 ​ $ 66,419,823 * Due from subsidiaries, VIEs and VIEs’ subsidiaries are eliminated upon consolidation. ​ RECON TECHNOLOGY, LTD PARENT COMPANY STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2020 2021 2022 2022 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars Revenues ​ ¥ 20,079,210 ​ ¥ 121,197 ​ ¥ — ​ $ — Cost of revenues ​ ​ 16,063,368 ​ ​ 97,024 ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross profit ​ ​ 4,015,842 ​ ​ 24,173 ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ General and administrative expenses ​ ​ 13,337,810 ​ ​ 29,502,464 ​ ​ 62,918,622 ​ ​ 9,394,033 Provision for credit losses ​ ​ — ​ ​ 1,933,986 ​ ​ 1,923,382 ​ ​ 287,170 Loss from operations ​ ​ (9,321,968) ​ ​ (31,412,277) ​ ​ (64,842,004) ​ ​ (9,681,203) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value changes of warrants liability ​ ​ — ​ ​ 35,365,792 ​ ​ 174,485,575 ​ ​ 26,051,481 Other income (loss) ​ ​ (1,298,039) ​ ​ 320,235 ​ ​ 4,105,116 ​ ​ 612,913 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity in loss of subsidiaries, VIEs and VIEs’ subsidiaries ​ ​ (8,626,694) ​ ​ (27,106,484) ​ ​ (18,161,892) ​ ​ (2,711,652) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) ​ ¥ (19,246,701) ​ ¥ (22,832,734) ​ ¥ 95,586,795 ​ $ 14,271,539 FOREIGN CURRENCY TRANSLATION ADJUSTMENTS ​ ​ ​ ​ ​ ​ ​ ​ Foreign currency translation adjustment ​ (84,205) ​ (850,895) ​ 9,332,625 ​ 1,393,403 Comprehensive income (loss) attributable to the company ​ ¥ (19,330,906) ​ ¥ (23,683,629) ¥ 104,919,420 ​ $ 15,664,942 ​ RECON TECHNOLOGY, LTD PARENT COMPANY STATEMENTS OF CASH FLOWS (UNAUDITED) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2020 2021 2022 2022 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CASH FLOWS FROM OPERATING ACTIVITIES: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) ​ ¥ (19,246,701) ​ ¥ (22,832,734) ¥ 95,586,795 ​ $ 14,271,539 Adjustments to reconcile net cash flows from operating activities: ​ ​ ​ ​ Changes in warrants liabilities ​ ​ — ​ ​ (35,365,792) ​ ​ (174,485,575) ​ ​ (26,051,481) Amortization of offering cost of warrants ​ ​ — ​ ​ 12,584,024 ​ ​ — ​ ​ — Provision for doubtful accounts ​ ​ — ​ ​ 1,933,986 ​ ​ 1,923,382 ​ ​ 287,170 Restricted shares issued for management and employees ​ ​ 7,944,835 ​ ​ 6,140,037 ​ ​ 39,263,485 ​ ​ 5,862,215 Loss (income) from investment in unconsolidated entity ​ ​ — ​ ​ 15,411 ​ ​ (15,411) ​ ​ (2,301) Restricted shares issued for services ​ ​ 33,927 ​ ​ — ​ ​ 8,935,919 ​ ​ 1,334,173 Equity in earnings of subsidiaries and VIEs ​ 8,626,694 ​ 27,106,484 ​ 18,161,892 ​ 2,711,652 Other current assets ​ ​ (3,370,538) ​ ​ (474,891) ​ ​ (111,521) ​ ​ (16,651) Other current liabilities ​ ​ 5,583,322 ​ ​ 4,776,846 ​ ​ (5,090,698) ​ ​ (760,064) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash used in operating activities ​ (428,461) ​ (6,116,629) ​ (15,831,732) ​ (2,363,748) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash flows from investing activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Repayments from loans to third parties ​ ​ — ​ ​ 1,950,000 ​ ​ 166,405,032 ​ ​ 24,845,019 Payments made for loans to third parties ​ ​ — ​ ​ (50,288,458) ​ ​ (137,391,510) ​ ​ (20,513,170) Due from intercompany, VIEs and VIEs’ subsidiaries ​ ​ (4,484,382) ​ ​ (29,505,002) ​ ​ (55,569,342) ​ ​ (8,296,753) ​ ​ ​ ​ ​ ​ ​ ​ ​ 　 ​ ​ ​ 　 ​ Net cash used in investing activities ​ ​ (4,484,382) ​ ​ (77,843,460) ​ ​ (26,555,820) ​ ​ (3,964,904) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash flows from financing activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Proceeds from warrants issued with common share ​ ​ — ​ ​ 212,051,414 ​ ​ — ​ ​ — Proceeds from sale of common share, net of issuance costs ​ ​ 26,141,051 ​ ​ 81,091,141 ​ ​ — ​ ​ — Proceeds from sale of prefunded warrants, net of issuance costs ​ ​ — ​ ​ 30,276,569 ​ ​ 93,321 ​ ​ 13,933 Proceeds from share issuance for warrants exercised ​ ​ — ​ ​ 21,130,035 ​ ​ — ​ ​ — Proceeds from issuance of convertible notes ​ ​ — ​ ​ 42,014,616 ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash provided by financing activities ​ ​ 26,141,051 ​ ​ 386,563,775 ​ ​ 93,321 ​ ​ 13,933 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Effect of exchange rate fluctuation on cash ​ ​ (97,823) ​ ​ 274,149 ​ ​ 14,016,375 ​ ​ 2,092,708 ​ ​ ​ ​ ​ ​ ​ ​ ​ 　 ​ ​ ​ ​ Net increase (decrease) in cash ​ 21,130,385 ​ 302,877,835 ​ (28,277,856) ​ (4,222,011) ​ ​ ​ ​ ​ ​ ​ ​ ​ 　 ​ ​ ​ ​ CASH, beginning of year ​ 1,108,595 ​ 22,238,980 ​ 325,116,815 ​ 48,541,402 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CASH, end of year ​ ¥ 22,238,980 ​ ¥ 325,116,815 ¥ 296,838,959 ​ $ 44,319,391 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash investing and financing activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuance of common share in exchange of shares of Starry, net of issuance costs ​ ¥ — ​ ¥ 27,675,450 ​ ¥ — ​ $ — Cancellation of ordinary shares issued to Starry ​ ¥ ​ ​ ¥ ​ ​ ¥ (27,675,450) ​ $ (4,132,069) Conversion of convertible notes to 9,225,338 shares of ordinary shares ​ ¥ — ​ ¥ 42,435,669 ​ ¥ — ​ $ — Payable for issuance cost of common share ​ ¥ 374,696 ​ ¥ — ​ ¥ — ​ $ — ​

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2022
SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	Basis of Presentation
Principles of Consolidation	Principles of Consolidation
Variable Interest Entities	Variable Interest Entities Assets recognized as a result of consolidating VIEs do not represent additional assets that could be used to satisfy claims against the Company’s general assets. Conversely, liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company’s general assets; rather, they represent claims against the specific assets of the consolidated VIEs.
Currency Translation	Currency Translation
Estimates and Assumptions	Estimates and Assumptions The key assumptions underlying the Company’s accounting for material arrangements and the reasonably likely material effects of resolving any uncertainties on the Company’s allowance for credit losses related to purchase advances. The production of the Company’s products requires custom-made equipment from its suppliers. To ensure that it can secure the required customized equipment, the Company often needs to make full prepayment for its intended purchases. As a standard practice in the petroleum extraction industry, the Company generally must submit a bid in order to secure the sales contract. The bidding process generally takes between one month to one year and the timing depends on the size of the overall project, which timing and size are generally controlled by its client. In order to secure timely purchase delivery and to meet its product delivery schedule, the Company normally prepays for the purchase advances if the Company believes that it is more than likely to win the bid for the sales contract which is accounted as pre-contract costs. After winning the bid and securing the sale contract, the Company normally needs to deliver its products approximately within one week to six months. Based on the Company’s historical experience, the Company generally is able to realize its purchase advances on the customized equipment that it orders. If it subsequently confirms that the Company is unable to secure the planned contracts with a customer after making the advance payments for these planned contracts, the Company evaluates the probable recoverability of the pre-contract cost and charges to expenses when the Company determines that the recovery of such pre-contract cost is improbable.
Fair Values of Financial Instruments	Fair Values of Financial Instruments The three levels of inputs are defined as follows: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable. Accounting guidance also describes three main approaches to measure the fair value of assets and liabilities: (1) market approach; (2) income approach and (3) cost approach. The market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. The Company measures certain financial assets, including investments under the equity method on other-than-temporary basis, intangible assets and fixed assets at fair value when an impairment charge is recognized. The carrying amounts reported in the consolidated balance sheets for trade accounts receivable, notes receivable, other receivables, purchase advances, contract cost, trade accounts payable, other payable, accrued liabilities, contract liabilities, short-term bank loan and short-term borrowings approximate fair value because of the immediate or short-term maturity of these financial instruments.
Cash	Cash
Restricted cash	Restricted cash
Trade Accounts,Net, Other Receivables, Net and Loan to Third Parties	Trade Accounts, Net, Other Receivables, Net and Loan to Third Parties The adoption of the credit loss accounting standard has no material impact on the Company’s consolidated financial statements as of July 1, 2020. Accounts receivable, other receivables and loan to third parties are recognized and carried at carrying amount less an allowance for credit loss, if any. The Company maintains an allowance for credit losses resulting from the inability of its trade and non-trade customers (“customers”) to make required payments based on contractual terms. The Company reviews the collectability of its receivables on a regular and ongoing basis. The Company has also included in calculation of allowance for credit losses, the potential impact of the COVID-19 pandemic on our customers businesses and their ability to pay their accounts receivable, other receivables and loan to third parties. After all attempts to collect a receivable have failed, the receivable is written off against the allowance. The Company also considers external factors to the specific customer, including current conditions and forecasts of economic conditions, including the potential impact of the COVID-19 pandemic. In the event the Company recovers amounts previously reserved for, the Company will reduce the specific allowance for credit losses. The provision for credit loss for the year ended June 30, 2022 decreased by approximately ¥3.7 million ($0.6 million) from the year ended June 30, 2021. The Company evaluates the creditworthiness of all of its customers individually before accepting them and continuously monitors the recoverability of accounts receivable, other receivables and loan to third parties. If there are any indicators that a customer may not make payment, the Company may consider making provision for non-collectability for that particular customer. At the same time, the Company may cease further sales or services to such customer. The following are some of the factors that the Company considers in determining whether to discontinue sales, record as contra revenue or allowance for credit losses: ● the oil price and fluctuation of the overall oil industry; ● the customer fails to comply with its payment schedule; ● the customer is in serious financial difficulty; ● a significant dispute with the customer has occurred regarding job progress or other matters; ● the customer breaches any of the contractual obligations; ● the customer appears to be financially distressed due to economic or legal factors; ● the business between the customer and the Company is not active; and ● other objective evidence indicates non-collectability of the accounts receivable, other receivables and loan to third parties. The Company considers the following factors when determining whether to permit a longer payment period or provide other concessions to customers: ● the customer’s past payment history; ● the customer’s general risk profile, including factors such as the customer’s size, age, and public or private status; ● macroeconomic conditions that may affect a customer’s ability to pay; and ● the relative importance of the customer relationship to the Company’s business.
Notes Receivable	Notes Receivable
Purchase Advances, Net	Purchase Advances, Net -
Inventories, Net	Inventories, Net
Property and Equipment, Net	Property and Equipment, Net two ​ ​ ​ ​ Items Useful life Motor vehicles 5-10 years Office equipment 2-5 years Production equipment 10-20 years ​
Land Use Rights, Net	Land Use Rights, Net
Goodwill	Goodwill -
Intangible Assets, Net	Intangible Assets, Net –
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets
Long-term Investments	Long-term Investments - Equity Investments with Readily Determinable Fair Values - Equity Investments without Readily Determinable Fair Values - Equity Investments Accounted for Using the Equity Method - An impairment charge is recorded if the carrying amount of the investment exceeds its fair value and this condition is determined to be other-than-temporary. The Company recorded no impairment loss on its equity method investment during the years ended June 30, 2020, 2021 and 2022. The Company recorded a ¥462,879 investment income, ¥266,707 investment loss and ¥15,411 ($2,301) investment income on its equity method investment in unconsolidated entity during the years ended June 30, 2020, 2021 and 2022, respectively.
Business Combinations	Business Combinations - In a business combination considered as a step acquisition, the Company remeasures the previously held equity interest in the acquiree immediately before obtaining control at its acquisition-date fair value and the re-measurement gain or loss, if any, is recognized in the consolidated statements of operation and comprehensive income (loss).
Noncontrolling Interests	Noncontrolling Interests -
Revenue Recognition	Revenue Recognition Disaggregation of Revenues Revenues are recognized when control of the promised goods or services are transferred to our customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The following items represent the Company’s revenues disaggregated by revenue source. In accordance with ASC 606-10-50-5, the Company selects categories to present disaggregated revenue that depict how the nature, amount, timing, and uncertainty of revenues and cash flows are affected by economic factors and delivery conditions of products and fulfillment of obligations. The Company’s disaggregation of revenues for the years ended June 30, 2020, 2021 and 2022 is disclosed in Note 27. Automation Products and Software; Equipment and Accessories The Company generates revenues primarily through delivery of standard or customized products and equipment, including automation products, furnaces and related accessories. Revenue is recognized when products are delivered, and acceptance reports are signed off by customers. The sale of automation products or specialized equipment when combined with services represent a single performance obligation for the development and construction of a single asset. The Company may also provide design or installation services to clients as there may be such obligation in contracts. The promises to transfer the goods and provision of services are not separately identifiable, which is evidenced by the fact that the Company provides significant services of integrating the goods and services into a single deliverable for which the customer has contracted. For such sales arrangements, the Company recognizes revenue using input method, based on the relationship between actual costs incurred compared to the total estimated costs for the contract. Such method is adopted because the Company believes it best depicts the transfer of goods and services to the customer. Oilfield Environmental Protection Service The Company provides wastewater treatment products and related service to oilfield and chemical industry companies and generates revenue from special equipment, self-developed chemical products and supporting service, transfer. Revenue is recognized when contract obligations have been performed. For such sales arrangements, the Company recognizes revenue when products are delivered, on-site assistance services rendered, and acceptance reports are signed off by customers. Such method is adopted because the Company believes it best depicts the transfer of services to the customer. The Company provides oily sludge disposal and treatment services to oilfield companies and generates revenue from treatment services of oily sludge. Revenue is recognized when contract obligations have been performed. For such sales arrangements, the Company recognizes revenue using output method, based on the percentage-of-completion method. Such method is adopted because the Company believes it best depicts the transfer of services to the customer. Platform Outsourcing Services The Company provides online platform development, maintenance, and operation services to gas stations around different provinces in China to complete online transactions; and API (application programming interface) port export service and related maintain services to business cooperators of different industries that may have transactions in the refueling scenario during the service contract period. The Company considered these performance obligations to be indistinguishable contractual performance obligations. As the Company has no right to get the compensation for any performances completed while not accepted by its customers, the Company can only recognize revenue at a point in time, which is when the online transaction is completed. The Company’s services enable terminal users of different mobile apps run by its clients or cooperators to complete refueling in cash or online through different payment channels, when each transaction, including refueling and payment, is completed, the Company is entitled to charge with pre-settled rates of each transaction amount as service fee and recognize the underlying amount as revenue. Related fees are generally billed monthly, based on a per transaction basis. Arrangements with Multiple Performance Obligations Contracts with customers may include multiple performance obligations. For such arrangements, the Company will allocate revenues to each performance obligation based on its relative standalone selling price. We generally determine standalone selling prices based on the prices charged to customers or using expected cost-plus margin. Contract Balances The Company’s contract balances include contract costs and contract liabilities from contracts with customers, and the following table provides information about contract balances: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Contract costs ¥ 48,795,906 ¥ 33,858,820 ​ $ 5,055,274 Contract liabilities ¥ 7,686,276 ¥ 2,107,277 ​ $ 314,626 ​ Contract Costs, Net - Pre-Contract Costs - Executed Contract Costs Contract Liabilities Performance Obligations - Amounts billed to customers for shipping and handling activities to fulfill the Company’s promise to transfer the goods are included in revenues, and costs incurred by the Company for the delivery of goods are classified as cost of sales in the consolidated statements of operations and comprehensive income (loss). Sales, value added, and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue. The Company generally offers assurance-type warranties for its products. The specific terms and conditions of those warranties vary depending upon the product. The Company estimates the costs that may be incurred under its warranties and records a liability in the amount of such costs at the time product revenue is recognized. Factors that affect the warranty liability include historical product-failure experience and estimated repair costs for identified matters. The Company periodically assesses the adequacy of its recorded warranty liabilities and adjusts the amounts as necessary. The amount accrued for expected returns and warranty claims was immaterial as of June 30, 2022. The amount of revenue recognized during the years ended June 30, 2020, 2021 and 2022 that was previously included within contract liability balances was ¥nil, ¥1,899,561 and ¥7,390,276 ($1,103,401), respectively. Practical Expedients Elected Incremental Costs of Obtaining a Contract - The Company has elected the practical expedient permitted in ASC 340-40-25-4, which permits an entity to recognize incremental costs to obtain a contract as an expense when incurred if the amortization period will be less than one year and not significant. Significant Financing Component - The Company has elected the practical expedient permitted in ASC 606-10-32-18, which allows an entity to not adjust the promised amount of consideration for the effects of a significant financing component if a contract has a duration of one year or less. As the Company’s contracts are majorly less than one year in length, consideration will not be adjusted. For the Company’s contracts include a standard payment term of 90 days to 180 days; consequently, there is no significant financing component within contracts. There are also some new contracts that will not be completed within one year from year 2021, the Company did calculation and the amount was not material as end of this fiscal year.
Share-Based Compensation	Share-Based Compensation -
Research and Development Expenses	Research and Development Expenses
Shipping and Handling Costs	Shipping and Handling Costs -
Leases	Leases Leases At the commencement date, the Company recognizes the lease liability at the present value of the lease payments not yet paid, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate for the same term as the underlying lease. The ROU asset is recognized initially at cost, which primarily comprises the initial amount of the lease liability, plus any initial direct costs incurred, consisting mainly of brokerage commissions, less any lease incentives received. All ROU assets are reviewed for impairment annually. There was no impairment for ROU lease assets as of June 30, 2021 and 2022.
Income Taxes	Income Taxes The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position would be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. The Company has no uncertain tax position as of June 30, 2021 and 2022. As of June 30, 2022, the tax years ended December 31, 2017 through December 31, 2021 for the Company’s People’s Republic of China (“PRC”) subsidiaries remain open for statutory examination by PRC tax authorities.
Comprehensive Income (Loss)	Comprehensive Income (Loss) -
Earnings (Loss) per Share	Earnings (Loss) per Share (“EPS”) The following table sets forth the computation of basic and diluted earnings per share for the years ended June 30, 2020, 2021 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2020 ​ 2021 ​ 2022 2022 ​ RMB RMB RMB U.S. Dollars Numerator: ​ ​ ​ ​ Net income (loss) attributable to Recon Technology, Ltd ​ ¥ (19,246,701) ​ ¥ (22,832,734) ​ ¥ 95,586,795 ​ $ 14,271,539 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ Weighted-average number of ordinary shares outstanding – basic ​ 4,624,615 ​ 12,697,024 ​ 30,002,452 ​ 30,002,452 Outstanding options/warrants/convertible notes ​ 426,854 ​ 10,522,294 ​ 10,536,433 ​ 10,536,433 Potentially dilutive shares from outstanding options/warrants/convertible notes ​ — ​ — ​ — ​ — Weighted-average number of ordinary shares outstanding – diluted ​ 4,624,615 ​ 12,697,024 ​ 30,002,452 ​ 30,002,452 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings (loss) per share – basic ​ ¥ (4.16) ​ ¥ (1.80) ​ ¥ 3.19 ​ $ 0.48 Earnings (loss) per share – diluted ​ ¥ (4.16) ​ ¥ (1.80) ​ ¥ 3.19 ​ $ 0.48
Warrants	Warrants For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the consolidated statements of operations.
Convertible Notes Payable	Convertible Notes Payable Debt with conversion and other options
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes. The Board is issuing this Update as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). The objective of the Simplification Initiative is to identify, evaluate, and improve areas of U.S. GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The specific areas of potential simplification in this Update were submitted by stakeholders as part of the Simplification Initiative. For public business entities, the amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The Company adopted this guidance on July 1, 2021 and the adoption of this ASU did not have a material impact on its consolidated financial statements. In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815 – 40)” (“ASU 2020-06”). ASU 2020-06 simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. The ASU is part of the FASB’s simplification initiative, which aims to reduce unnecessary complexity in U.S. GAAP. The ASU’s amendments are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company is currently evaluating the impact ASU 2020-06 will have on the Company’s consolidated financial statements. The Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the consolidated financial position, statements of operations and cash flows.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Jun. 30, 2022
SIGNIFICANT ACCOUNTING POLICIES
Schedule of estimated useful life	​ ​ ​ ​ Items Useful life Motor vehicles 5-10 years Office equipment 2-5 years Production equipment 10-20 years
Schedule of information about contract assets and contract liabilities from contracts with customers	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Contract costs ¥ 48,795,906 ¥ 33,858,820 ​ $ 5,055,274 Contract liabilities ¥ 7,686,276 ¥ 2,107,277 ​ $ 314,626
Schedule of Earnings Per Share, Basic and Diluted	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2020 ​ 2021 ​ 2022 2022 ​ RMB RMB RMB U.S. Dollars Numerator: ​ ​ ​ ​ Net income (loss) attributable to Recon Technology, Ltd ​ ¥ (19,246,701) ​ ¥ (22,832,734) ​ ¥ 95,586,795 ​ $ 14,271,539 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ Weighted-average number of ordinary shares outstanding – basic ​ 4,624,615 ​ 12,697,024 ​ 30,002,452 ​ 30,002,452 Outstanding options/warrants/convertible notes ​ 426,854 ​ 10,522,294 ​ 10,536,433 ​ 10,536,433 Potentially dilutive shares from outstanding options/warrants/convertible notes ​ — ​ — ​ — ​ — Weighted-average number of ordinary shares outstanding – diluted ​ 4,624,615 ​ 12,697,024 ​ 30,002,452 ​ 30,002,452 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings (loss) per share – basic ​ ¥ (4.16) ​ ¥ (1.80) ​ ¥ 3.19 ​ $ 0.48 Earnings (loss) per share – diluted ​ ¥ (4.16) ​ ¥ (1.80) ​ ¥ 3.19 ​ $ 0.48

TRADE ACCOUNTS RECEIVABLE, NET

TRADE ACCOUNTS RECEIVABLE, NET (Tables)	12 Months Ended
	Jun. 30, 2022
TRADE ACCOUNTS RECEIVABLE, NET
Schedule of Accounts receivable	Accounts receivable, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Third Parties ​ RMB ​ RMB ​ U.S. Dollars Trade accounts receivable ¥ 31,669,331 ¥ 27,206,752 ​ $ 4,062,089 Allowance for credit losses ​ (4,982,443) ​ (4,628,772) ​ (691,095) Total third-parties, net ¥ 26,686,888 ¥ 22,577,980 ​ $ 3,370,994 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Third Parties- long-term ​ RMB ​ RMB ​ U.S. Dollars Trade accounts receivable ​ ¥ 4,332,984 ​ ¥ 4,983,698 ​ $ 744,089 Allowance for credit losses ​ (4,332,984) ​ (4,983,698) ​ (744,089) Total third-parties, net ​ ¥ — ​ ¥ — ​ $ —
Schedule of Movement of allowance for doubtful accounts	Movement of allowance for doubtful accounts is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 5,849,504 ¥ 9,315,427 ​ $ 1,390,834 Charge to credit losses ​ 3,730,606 ​ 153,329 ​ 22,893 Less: write-off ​ (254,853) ​ — ​ — Foreign currency translation adjustments ​ ​ (9,830) ​ ​ 143,714 ​ ​ 21,457 Ending balance ¥ 9,315,427 ¥ 9,612,470 ​ $ 1,435,184

OTHER RECEIVABLES, NET (Tables)

OTHER RECEIVABLES, NET (Tables)	12 Months Ended
	Jun. 30, 2022
OTHER RECEIVABLES, NET
Schedule of Other receivables, net	Other receivables, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Third Party ​ RMB ​ RMB ​ U.S. Dollars Business advances to officers and staffs (A) ¥ 957,277 ¥ 1,441,807 $ 215,268 Deposits for projects ​ 1,982,987 ​ 3,259,236 ​ 486,619 VAT recoverable ​ 3,562,295 ​ 437,095 ​ 65,260 Others ​ 1,469,949 ​ 2,547,520 ​ 380,356 ​ ​ ​ 7,972,508 ​ ​ 7,685,658 ​ ​ 1,147,503 Less: Long term portion (B) ​ ​ (114,679) ​ ​ (1,564,381) ​ ​ (233,569) Allowance for credit losses ​ (918,153) ​ (619,444) ​ (92,486) Other receivable - current portion ¥ 6,939,676 ​ ¥ 5,501,833 ​ $ 821,448 (A) Business advances to officers and staffs represent advances for business travel and sundry expenses related to oilfield or on-site installation and inspection of products through customer approval and acceptance. (B) Long-term portion are mainly tender deposits for large-scale projects or rental contracts. These funds may not be collected back until projects are finished or contracts are completed.
Schedule of Movement of allowance for doubtful accounts	Movement of allowance for credit losses is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 1,529,036 ¥ 918,153 ​ $ 137,085 Balance acquired from FGS ​ ​ 151,689 ​ ​ — ​ ​ — Reversal of credit losses ​ (187,161) ​ (294,644) ​ (43,992) Less: write-off ​ (575,411) ​ (4,065) ​ (607) Ending balance ¥ 918,153 ¥ 619,444 ​ $ 92,486

LOANS TO THIRD PARTIES (Tables)

LOANS TO THIRD PARTIES (Tables)	12 Months Ended
	Jun. 30, 2022
LOANS TO THIRD PARTIES.
Schedule of loans to third parties	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ RMB RMB U.S. Dollars Working fund to third party companies ​ ¥ 50,476,782 ​ ¥ 50,383,822 ​ $ 7,522,532 Allowance for credit losses ​ — ​ — ​ — Total loans to third parties ​ ¥ 50,476,782 ​ ¥ 50,383,822 ​ $ 7,522,532

CONTRACT COSTS, NET (Tables)

CONTRACT COSTS, NET (Tables)	12 Months Ended
	Jun. 30, 2022
CONTRACT COSTS, NET
Summary of contract costs, net	Contract costs, net consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Third Party ​ RMB ​ RMB ​ U.S. Dollars Contract costs ¥ 53,344,816 ​ ¥ 37,922,302 ​ $ 5,661,970 Allowance for credit losses (4,548,910) (4,063,482) ​ (606,696) Total contract costs, net ¥ 48,795,906 ​ ¥ 33,858,820 ​ $ 5,055,274
Summary of movement of allowance for credit costs	Movement of allowance for credit losses of contract costs is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Beginning balance ¥ 139,762 ¥ 4,548,910 ​ $ 679,172 Provision for (reversal of) credit losses ​ ​ 4,647,802 ​ ​ (552,008) ​ ​ (82,417) Charge to cost of sales — 66,580 ​ 9,941 Less: write-off ​ ​ (238,654) ​ ​ — ​ ​ — Ending balance ¥ 4,548,910 ¥ 4,063,482 ​ $ 606,696

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	12 Months Ended
	Jun. 30, 2022
PROPERTY AND EQUIPMENT, NET.
Schedule of Property and equipment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Motor vehicles ¥ 5,097,921 ¥ 5,312,274 ​ $ 793,146 Office equipment and fixtures ​ 1,385,084 ​ 1,442,395 ​ 215,356 Production equipment ​ 30,559,275 ​ 31,102,055 ​ 4,643,677 Total property and equipment ​ 37,042,280 ​ 37,856,724 ​ 5,652,179 Less: accumulated depreciation ​ (9,135,200) ​ (11,614,250) ​ (1,734,060) Less: Impairment for property and equipment ​ (768,312) ​ (768,312) ​ ​ (114,712) Property and equipment, net ​ ¥ 27,138,768 ​ ¥ 25,474,162 ​ $ 3,803,407 Construction in progress ¥ — ¥ 239,739 ​ $ 35,794

BUSINESS ACQUISITION AND INVE_2

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY (Tables)	12 Months Ended
	Jun. 30, 2022
BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY
Summary of fair values of the identifiable assets and liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ RMB U.S. Dollars Cash ¥ 471,843 ​ $ 70,448 Trade accounts receivable, net ​ 831,049 ​ 124,079 Other receivables, net ​ 144,285 ​ 21,542 Contract costs, net ​ 75,250 ​ 11,235 Prepaid expenses ​ 91,132 ​ 13,606 Property and equipment, net ​ 118,130 ​ 17,637 Intercompany receivables* ​ 6,850,000 ​ 1,022,736 Intangible assets- customer relationship ​ 7,000,000 ​ 1,045,131 Goodwill ​ 6,996,895 ​ 1,044,668 Trade accounts payable ​ (1,032,078) ​ (154,094) Other payables ​ (1,273,182) ​ (190,092) Other payable- related parties ​ (479,959) ​ (71,660) Deferred revenue ​ (39,786) ​ (5,940) Accrued payroll and employees’ welfare ​ (1,629,519) ​ (243,295) Taxes payable ​ (64,253) ​ (9,593) Deferred tax liability ​ (1,050,000) ​ (156,768) Total ​ ¥ 17,009,807 ​ $ 2,539,640 ​ ​ ​ ​ ​ Cash considerations ​ — ​ ​ — Deemed equity consideration to acquire 8% equity interest in FGS ​ ​ 1,689,807 ​ ​ 252,296 Fair value of previously held equity interest ​ 30,530,000 ​ 4,558,266 Non-controlling interest ​ 34,790,000 ​ 5,194,303 Capital contribution receivable due from non-controlling Interest ​ (50,000,000) ​ (7,465,225) Total ¥ 17,009,807 ​ $ 2,539,640 *Intercompany receivables from Nanjing Recon and BHD are eliminated upon consolidation.
Schedule of fair value of goodwill acquired and carrying value, customer relationship and its estimated useful lives	The identifiable goodwill acquired and the carrying value as of June 30, 2022 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ RMB U.S. Dollars Goodwill ​ ¥ 6,996,895 ​ $ 1,044,668 Less: impairment ​ ​ (2,266,893) ​ (338,457) The carrying value of goodwill as of June 30,2022 ​ ​ 4,730,002 ​ 706,211 ​ The fair value of identified intangible assets, which is customer relationship, and its estimated useful lives is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average ​ ​ ​ ​ ​ ​ ​ ​ Useful Life ​ ​ Fair Value ​ (in Years) ​ RMB U.S. Dollars ​ Intangible assets - customer relationship ¥ 7,000,000 ​ $ 1,045,132 10 Less: accumulated amortization ​ ​ (1,050,000) ​ ​ (156,770) ​ ​ Total intangible assets, net as of June 30,2022 ​ ¥ 5,950,000 ​ $ 888,362 ​ ​

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Jun. 30, 2022
LEASES
Summary of operating lease related assets and liabilities recorded on the balance sheets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Rights of use lease assets, net ¥ 7,925,930 ¥ 5,440,590 $ 812,305 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease liabilities – current 2,226,832 3,892,774 ​ 581,209 Operating lease liabilities – non-current 4,792,101 2,184,635 ​ 326,176 Total operating lease liabilities ¥ 7,018,933 ¥ 6,077,409 ​ $ 907,385
Summary of weighted average remaining lease terms and discount rates for all of operating leases	​ ​ ​ ​ ​ ​ ​ ​ June 30, 2021 June 30, 2022 Remaining lease term and discount rate: ​ ​ Weighted average remaining lease term (years) 2.59 ​ 1.73 ​ Weighted average discount rate 5.0 % 5.0 %
Summary of maturities of lease liabilities	​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2023 ¥ 4,073,072 ​ $ 608,128 2024 2,222,504 ​ 331,830 Total lease payments 6,295,576 ​ 939,958 Less: imputed interest (218,167) ​ (32,573) Present value of lease liabilities 6,077,409 ​ 907,385 Less: operating lease liabilities – current 3,892,774 ​ 581,209 Operating lease liabilities – non-current ¥ 2,184,635 ​ $ 326,176

OTHER PAYABLES (Tables)

OTHER PAYABLES (Tables)	12 Months Ended
	Jun. 30, 2022
OTHER PAYABLES
Schedule Of Other Payables Third Party	Other payables consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Third Parties ​ RMB ​ RMB ​ U.S. Dollars Professional service fees ¥ 7,940,481 ¥ 2,061,016 ​ $ 307,720 Distributors and employees ​ 1,488,329 ​ 1,009,307 ​ 150,694 Accrued expenses ​ 206,051 ​ 206,045 ​ 30,763 Others ​ 227,901 ​ 257,550 ​ 38,453 Total ¥ 9,862,762 ¥ 3,533,918 ​ $ 527,630
Schedule Of Other Payables Related Party	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Related Parties ​ RMB ​ RMB ​ U.S. Dollars Expenses paid by the major shareholders ¥ 1,594,543 ¥ 1,396,419 ​ $ 208,492 Due to family members of the owners of BHD and FGS ​ 545,159 ​ 590,159 ​ 88,113 Due to management staff for costs incurred on behalf of the Company ​ 260,965 ​ 253,557 ​ 37,857 Total ¥ 2,400,667 ¥ 2,240,135 ​ $ 334,462

TAXES PAYABLE (Tables)

TAXES PAYABLE (Tables)	12 Months Ended
	Jun. 30, 2022
TAXES PAYABLE
Schedule of taxes payable	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars VAT payable ¥ 643,896 ¥ 1,741,972 ​ $ 260,085 Income tax payable ​ 440,030 ​ 440,030 ​ 65,698 Other taxes payable ​ 165,068 ​ 28,956 ​ 4,323 Total taxes payable ¥ 1,248,994 ¥ 2,210,958 ​ $ 330,106

SHORT-TERM BANK LOANS (Tables)

SHORT-TERM BANK LOANS (Tables)	12 Months Ended
	Jun. 30, 2022
SHORT-TERM BANK LOANS
Schedule of Short-term Bank Loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ RMB RMB U.S. Dollars Bank of Nanjing (1) ​ ¥ 4,000,000 ​ ¥ — ​ $ — Beijing Rural Commercial Bank (2) ​ ​ 10,000,000 ​ ​ 10,000,000 ​ ​ 1,493,045 China Construction Bank (3) ​ ​ 1,000,000 ​ ​ — ​ ​ — Total short-term bank loans ​ ¥ 15,000,000 ​ ¥ 10,000,000 ​ $ 1,493,045 (1) On June 23, 2020, the Company entered into another loan agreement with Bank of Nanjing to borrow ¥ 1,500,000 as working capital for one year . The Company made the withdraw in an amount of ¥ 1,500,000 on July 1, 2020, which will be due on July 1, 2021. The loan was repaid in full upon maturity. On June 21, 2021, the Company entered into another loan agreement with Bank of Nanjing to borrow ¥ 2,500,000 as working capital for one year , with maturity date of June 17, 2022. The loan was repaid in full by December 31, 2021. All these loans bear a fixed interest rate of 4.35% per annum and are guaranteed by one of the founders of the Company. (2) On April 15, 2020, the Company entered into a loan agreement with Beijing Rural Commercial Bank to borrow ¥ 10,000,000 as working capital for one year . The Company made the first withdraw in an amount of ¥ 5,600,000 on April 23, 2021, which will be due on April 20, 2022. The Company made second withdraw in an amount of ¥ 4,400,000 on May 18, 2021, which will be due on May 11, 2022. These two loans were repaid in full upon maturity. On April 13, 2022, the Company entered into a loan agreement with Beijing Rural Commercial Bank to borrow ¥ 5,600,000 ( $836,105 ) as working capital for one year , which will be due on April 12, 2023. On April 13, 2022, the Company entered into a loan agreement with Beijing Rural Commercial Bank to borrow ¥ 4,400,000 ( $656,940 ) as working capital for one year , which will be due on May 12, 2023. All these loan bears a fixed interest rate of 4.6% per annum. These loans are guaranteed by one of the founders of the Company and he also pledged self-owned housing property with carrying value of approximately RMB 17.6 million (approximately $2.6 million) as collateral for these loans. (3) On July 10, 2020, the Company entered into a loan agreement with China Construction Bank to borrow ¥ 1,000,000 as working capital for one year , with maturity date of July 10, 2021. The loan bears a fixed interest rate of 4.0525% per annum. The loan was repaid in full upon maturity.

SHORT-TERM BORROWINGS (Tables)

SHORT-TERM BORROWINGS (Tables)	12 Months Ended
	Jun. 30, 2022
Short-term Debt [Line Items]
Schedule of short-term borrowings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ June 30, ​ June 30, ​ ​ 2021 ​ 2022 ​ 2022 Short-term borrowings due to third parties: RMB RMB U.S. Dollars Short-term borrowing, 15% annual interest, due on September 23, 2021* ​ ¥ 230,000 ​ ¥ — ​ $ — Short-term borrowing, interest-free, due on May 12, 2022* ​ ​ 200,000 ​ ​ — ​ ​ — Short-term borrowing, interest-free, due on June 21, 2022* ​ ​ 100,000 ​ ​ — ​ ​ — Total short-term borrowings due to third parties ​ ¥ 530,000 ​ ¥ — ​ $ — * The Company repaid the loans in full.
Related Party
Short-term Debt [Line Items]
Schedule of short-term borrowings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Short-term borrowings due to related parties: ​ RMB ​ RMB ​ U.S. Dollars Short-term borrowing from a founder, 4.35% annual interest, due on December 21, 2021* ¥ 5,006,042 ¥ — ​ $ — Short-term borrowing from a founder, 4.35% annual interest, due on March 25, 2022* ​ ​ 4,000,000 ​ ​ — ​ ​ — Short-term borrowing from a founder’s family member, 0% annual interest, due on December 31, 2021* ​ ​ 670,000 ​ ​ — ​ ​ — Short-term borrowing from a founder’s family member, 0% annual interest, due on March 24, 2022* ​ ​ 3,000,000 ​ ​ — ​ ​ — Short-term borrowing from a founder, 4.35% annual interest, due on November 17, 2022 ​ ​ — ​ ​ 4,006,767 ​ ​ 598,228 Short-term borrowing from a founder, 4.35% annual interest, due on December 26, 2022 ​ ​ — ​ ​ 5,002,389 ​ ​ 746,879 Total short-term borrowings due to related parties ¥ 12,676,042 ¥ 9,009,156 ​ $ 1,345,107 * The Company repaid the loans in full on maturity date.

LONG-TERM BORROWINGS DUE TO R_2

LONG-TERM BORROWINGS DUE TO RELATED PARTY (Tables)	12 Months Ended
	Jun. 30, 2022
LONG-TERM BORROWINGS DUE TO RELATED PARTY
Schedule of Long-term borrowings due to related party	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 Long-term borrowings due to related party: ​ RMB ​ RMB ​ U.S. Dollars Long-term borrowing from a founder, monthly payments of ¥126,135 inclusive of interest at 8.90%, ten years loan, due in November 2027. ¥ 7,406,617 ¥ 6,510,606 $ 972,062 Less: current portion ​ (920,066) ​ (999,530) ​ (149,234) Total long-term borrowings due to related party ¥ 6,486,551 ¥ 5,511,076 ​ $ 822,828
Schedule of future maturities of long-term borrowings due to related party	​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2023 ¥ 999,530 ​ $ 149,234 2024 ​ 1,065,921 ​ 159,147 2025 ​ 1,164,755 ​ 173,903 2026 ​ 1,272,753 ​ 190,028 2027 ​ ​ 1,390,765 ​ ​ 207,647 Thereafter ​ 616,882 ​ 92,103 Total ¥ 6,510,606 ​ $ 972,062

CLASS A ORDINARY SHARES (Tables

CLASS A ORDINARY SHARES (Tables)	12 Months Ended
	Jun. 30, 2022
CLASS A ORDINARY SHARES.
Schedule of Pre-Funded Warrants Activities	The following table summarizes the Company’s Pre-Funded Warrants activities and status of Pre-Funded Warrants at June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted Average ​ ​ ​ ​ Average Remaining ​ ​ Pre-Funded ​ Exercise Price Period Pre-Funded Warrants Warrants Per Share (Years) Outstanding as of June 30, 2020 — ​ $ — ​ — Issued 2,800,000 ​ 0.01 ​ — Forfeited — ​ — ​ — Exercised (1,330,000) ​ 0.01 ​ — Expired — ​ — ​ — Outstanding as of June 30, 2021 1,470,000 ​ $ 0.01 ​ 5.46 Issued — ​ — ​ — Forfeited — ​ — ​ — Exercised (1,470,000) ​ $ 0.01 ​ — Expired — ​ — ​ — Outstanding as of June 30, 2022 — ​ $ — ​ — ​

ORDINARY SHARES PURCHASE WARR_2

ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS (Tables)	12 Months Ended
	Jun. 30, 2022
ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS
Schedule of fair value measurement inputs under binomial and black-scholes model	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 14, 2021 ​ ​ June 30, ​ June 30, ​ (Initial Input ​ 2022 ​ 2021 ​ measurement) Share price ​ 0.66 ​ $ 4.33 ​ ​ 5.01 ​ Risk-free interest rate ​ 3.00 % 0.95 % 0.90 % Volatility ​ 109 % 111 % 111 % Exercise price ​ 6.24 ​ ​ 6.24 ​ ​ 6.24 ​ Warrant life ​ 4.46 years ​ 5.46 years ​ 5.50 years ​
Schedule of liabilities measured at fair value on recurring basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices In Significant Other Significant Other ​ ​ June 30, ​ Active Markets ​ Observable Inputs ​ Unobservable Inputs Description ​ 2021 ​ (Level 1) ​ (Level 2) ​ (Level 3) Liabilities: ​ ​ ​ ​ Warrant liability ​ $ 29,520,000 ​ $ — ​ $ — ​ $ 29,520,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices In Significant Other Significant Other ​ ​ June 30, Active Markets Observable Inputs Unobservable Inputs Description 2022 (Level 1) (Level 2) (Level 3) Liabilities: ​ ​ ​ ​ Warrant liability ​ $ 2,490,000 ​ $ — ​ $ — ​ $ 2,490,000
Summary of company warrants activities and status of warrants	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted Average ​ ​ ​ ​ Average ​ Remaining ​ ​ ​ ​ Exercise Price ​ Period Warrants Warrants Per Share (Years) Outstanding as of June 30, 2020 2,591,112 ​ $ 1.25 5.50 Issued 8,814,102 ​ 6.24 Forfeited — ​ — Exercised (2,591,112) ​ 1.25 Expired — ​ — Outstanding as of June 30, 2021 8,814,102 ​ $ 6.24 5.46 Issued — ​ — Forfeited — ​ — Exercised — ​ — Expired — ​ — Outstanding as of June 30, 2022 8,814,102 ​ $ 6.24 4.46

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	12 Months Ended
	Jun. 30, 2022
SHARE-BASED COMPENSATION
Schedule of stock options activity	​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ ​ ​ Exercise Price Share Options ​ Shares ​ Per Share Outstanding as of June 30, 2020 109,520 ​ $ 10.02 Granted — ​ — Forfeited — ​ — Exercised — ​ — Expired ​ — ​ ​ — Outstanding as of June 30, 2021 109,520 ​ $ 10.02 Granted — ​ — Forfeited (29,520) ​ 14.80 Exercised — ​ — Expired ​ — ​ ​ — Outstanding as of June 30, 2022 80,000 ​ $ 8.25
Schedule of options outstanding and exercisable	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding Options ​ Exercisable Options ​ ​ ​ Average ​ ​ ​ Average ​ ​ ​ ​ ​ Remaining ​ ​ ​ ​ ​ ​ Remaining Average Exercise ​ ​ Contractual ​ Average Exercise ​ ​ Contractual Price ​ Number life (Years) ​ Price ​ Number life (Years) $ 8.25 80,000 2.59 ​ $ 8.25 80,000 2.59 ​ ​ 80,000 ​
Schedule of restricted shares granted	​ ​ ​ ​ Restricted share grants Shares Non-vested as of June 30, 2020 320,800 Granted — Vested (190,400) Non-vested as of June 30, 2021 130,400 Granted 7,292,331 Vested (5,255,400) Non-vested as of June 30, 2022 2,167,331
Schedule of Outstanding Restricted Shares	​ ​ ​ ​ ​ ​ ​ Outstanding Restricted Shares ​ ​ Average ​ ​ ​ ​ Remaining Fair Value per ​ ​ Amortization Share ​ Number Period (Years) $ 1.04 1,642,331 ​ 2.67 $ 1.29 525,000 0.52 ​ ​ 2,167,331

INCOME TAX (Tables)

INCOME TAX (Tables)	12 Months Ended
	Jun. 30, 2022
INCOME TAX
Schedule of loss before provision for income taxes	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2020 ​ 2021 ​ 2022 ​ 2022 ​ RMB RMB RMB U.S. Dollars Outside China areas ¥ (10,160,525) ¥ 4,011,449 ¥ 113,741,972 ​ $ 16,982,188 China ​ (9,679,757) ​ (30,402,528) ​ (20,066,451) ​ (2,996,011) Total ¥ (19,840,282) ¥ (26,391,079) ¥ 93,675,521 ​ $ 13,986,177 ​
Schedule of deferred tax liabilities, net	Deferred tax assets and (liabilities) net is composed of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Deferred tax assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses ¥ 2,137,968 ¥ 1,781,573 ​ $ 265,997 Impairment for inventory ​ ​ 160,791 ​ ​ 59,913 ​ ​ 8,945 Net operating loss carryforwards ​ 15,741,037 ​ 16,511,047 ​ 2,465,175 Subtotal ​ ​ 18,039,796 ​ ​ 18,352,533 ​ ​ 2,740,117 Less: Valuation allowance ​ ​ (17,427,464) ​ ​ (17,193,874) ​ ​ (2,567,124) Total deferred tax assets ​ ​ 612,332 ​ ​ 1,158,659 ​ ​ 172,993 Deferred tax liabilities: ​ ​ ​ ​ ​ 　 ​ ​ ​ 　 ​ Accelerated amortization of intangible assets ​ ​ (92,032) ​ ​ (119,271) ​ ​ (17,808) Gain on the previously held equity method investment ​ ​ (146,888) ​ ​ (146,888) ​ ​ (21,931) Recognition of customer relationship arising from business combinations ​ ​ (997,500) ​ ​ (892,500) ​ ​ (133,254) Total deferred tax liabilities ​ (1,236,420) ​ (1,158,659) ​ ​ (172,993) Deferred tax liabilities, net ¥ (624,088) ¥ — ​ $ — ​
Summary of NOL expiration	The NOL will expire over the next five years as follows: ​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2023 ​ ¥ 13,146,922 ​ $ 1,962,895 2024 ​ 10,484,902 ​ 1,565,443 2025 ​ 19,617,124 ​ 2,928,925 2026 ​ 32,533,742 ​ 4,857,434 2027 ​ 18,769,899 ​ 2,802,430 Total ​ ¥ 94,552,589 ​ $ 14,117,127
Schedule of reconciliation of income tax expense	Following is a reconciliation of income tax expense (benefit) at the effective rate to income tax at the calculated statutory rates: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2020 2021 2022 2022 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars Income tax (benefits) expenses calculated at PRC statutory rates ¥ (4,960,454) ¥ (6,597,770) ¥ 23,418,880 ​ $ 3,496,544 Nondeductible expenses and others ​ 232,213 ​ 338,058 ​ 263,655 ​ 39,365 Effect of tax rate differential ​ 2,008,824 ​ 626,245 ​ (24,061,020) ​ (3,592,418) Benefit of revenue exempted from enterprise income tax ​ (266,548) ​ (57,250) ​ (1,799) ​ (269) Change in valuation allowances ​ 3,268,287 ​ 5,264,804 ​ (233,590) ​ (34,876) Tax refund ​ — ​ (98,338) ​ — ​ — Income tax expenses (benefit) ¥ 282,322 ¥ (524,251) ¥ (613,874) ​ $ (91,654)
Schedule of company's income tax expense	The Company’s income tax expense (benefit) is comprised of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2020 2021 2022 2022 ​ RMB RMB RMB U.S. Dollars Current income tax provision (benefit) ¥ 282,322 ¥ (98,338) ¥ 10,214 ​ $ 1,525 Deferred income tax benefit ​ — ​ (425,913) ​ (624,088) ​ (93,179) Income tax expenses (benefit) ¥ 282,322 ¥ (524,251) ¥ (613,874) ​ $ (91,654)

NON-CONTROLLING INTEREST (Table

NON-CONTROLLING INTEREST (Tables)	12 Months Ended
	Jun. 30, 2022
NON-CONTROLLING INTEREST.
Schedule of non-controlling interest	Non-controlling interest consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2021 ​ ​ Nanjing Gan Su Qinghai ​ ​ ​ ​ ​ ​ ​ ​ BHD ​ Recon ​ BHD ​ BHD ​ FGS Total ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB RMB ​ U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 4,805,000 ​ ¥ — ​ ¥ — ​ ¥ 6,656,000 ​ $ 1,046,308 Capital contribution receivable due from non-controlling Interest ​ — ​ — ​ — ​ ​ — ​ ​ (50,000,000) ​ ​ (50,000,000) ​ (7,859,883) Unappropriated retained earnings (deficit) ​ 3,477,493 ​ 3,616,002 ​ (4,106,883) ​ ​ (1,442,443) ​ ​ (539,034) ​ ​ 1,005,135 ​ 158,005 Accumulated other comprehensive loss ​ ​ (18,850) ​ ​ (11,853) ​ ​ — ​ ​ — ​ ​ — ​ ​ (30,703) ​ ​ (4,826) Valuation increase shared by minority shareholders ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 34,790,000 ​ ​ 34,790,000 ​ ​ 5,468,906 Total non-controlling interests ¥ 5,109,643 ¥ 3,804,149 ¥ 698,117 ​ ¥ (1,442,443) ​ ​ (15,749,034) ​ ¥ (7,579,568) ​ $ (1,191,490) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2022 ​ ​ ​ Nanjing Gan Su Qinghai ​ ​ ​ ​ ​ ​ ​ ​ BHD ​ Recon ​ BHD ​ BHD ​ FGS ​ Total ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB ​ U.S. Dollars Paid-in capital ¥ 1,651,000 ¥ 200,000 ¥ 4,805,000 ​ ¥ — ​ ¥ — ​ ¥ 6,656,000 ​ $ 993,771 Capital contribution receivable due from non-controlling Interest ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ (48,870,000) ​ ​ (48,870,000) ​ ​ (7,296,511) Unappropriated retained earnings (deficit) ​ 3,477,493 ​ 3,616,001 ​ (4,972,129) ​ ​ (1,520,225) ​ ​ (893,405) ​ (292,265) ​ (43,635) Accumulated other comprehensive loss ​ (18,850) ​ (11,853) ​ — ​ ​ — ​ ​ — ​ (30,703) ​ (4,584) Valuation increase shared by minority shareholders ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 34,790,000 ​ ​ 34,790,000 ​ ​ 5,194,303 Total non-controlling interests ¥ 5,109,643 ¥ 3,804,148 ¥ (167,129) ​ ¥ (1,520,225) ​ ​ (14,973,405) ​ ¥ (7,746,968) ​ $ (1,156,656)

COMMITMENTS AND CONTINGENCY (Ta

COMMITMENTS AND CONTINGENCY (Tables)	12 Months Ended
	Jun. 30, 2022
COMMITMENTS AND CONTINGENCY
Schedule of total future minimum purchase commitment	​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, Minimum purchase commitment 2023 ​ ¥ 26,967,803 ​ $ 4,026,414 2024 ​ ​ 300,000 ​ ​ 44,791 2025 ​ ​ 300,000 ​ ​ 44,791 2026 ​ ​ 150,000 ​ ​ 22,396 Thereafter ​ — ​ — Total minimum payments required ¥ 27,717,803 ​ $ 4,138,392
Schedule of Non - cancellable operating lease agreements	​ ​ ​ ​ ​ ​ ​ ​ Twelve months ending June 30, RMB U.S. Dollars 2023 ¥ 549,219 ​ $ 82,001 Total ¥ 549,219 ​ $ 82,001

RELATED PARTY TRANSACTIONS AN_2

RELATED PARTY TRANSACTIONS AND BALANCES (Tables)	12 Months Ended
	Jun. 30, 2022
RELATED PARTY TRANSACTIONS AND BALANCES
Schedule of Sales to related party	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ ​ 2020 ​ 2021 ​ 2022 ​ 2022 ​ RMB RMB RMB U.S. Dollars Urumqi Yikeli Automatic Control Equipment Co., Ltd. * ​ ¥ — ​ ¥ 85,657 ​ ¥ — ​ $ — Total revenue from a related party ​ ¥ — ​ ¥ 85,657 ​ ¥ — ​ $ — ​ * The noncontrolling shareholder of Gan Su BHD owns 10% interests in Urumqi Yikeli Automatic Control Equipment Co., Ltd.
Schedule of Prepaid expenses related parties prepaid expenses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2021 June 30, 2022 June 30, 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Founders ¥ 363,000 ¥ 275,000 ​ $ 41,059 Founders' family member ​ 70,000 ​ — ​ — Total prepaid expenses - related parties ¥ 433,000 ¥ 275,000 ​ $ 41,059
Schedule of leases from related parties	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Monthly Rent Monthly Rent Lessee Lessor Rent Period RMB USD Nanjing Recon One of the founders April 1, 2022 - March 31, 2024 ¥ 40,000 ​ $ 5,972 BHD One of the founders January 1, 2022- Dec 31, 2022 ​ 31,667 ​ 4,728 BHD One of the founders January 1, 2022 - Dec 31, 2022 ​ 22,500 ​ 3,359 BHD Founders’ family member January 1, 2022 - Dec 31, 2022 ​ 16,667 ​ 2,488

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Jun. 30, 2022
VARIABLE INTEREST ENTITIES
Schedule of information regarding consolidated VIEs	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2021 ​ June 30, 2022 ​ June 30, 2022 ​ RMB RMB U.S. Dollars ASSETS ​ ​ ​ ​ Current Assets ​ ​ ​ ​ Cash ¥ 4,293,380 ¥ 18,033,666 ​ $ 2,584,476 Restricted cash ​ ​ — ​ ​ 723,560 ​ ​ 108,031 Notes receivable ​ 6,305,633 ​ 10,828,308 ​ 1,616,715 Trade accounts receivable, net ​ 24,762,732 ​ 22,577,980 ​ 3,370,994 Inventories, net ​ ​ 3,644,522 ​ ​ 3,894,369 ​ ​ 581,447 Other receivables, net ​ ​ 5,988,641 ​ ​ 5,500,981 ​ ​ 821,321 Loans to third parties ​ ​ 1,350,000 ​ ​ 30,270,563 ​ ​ 4,519,531 Purchase advances, net ​ ​ 1,078,137 ​ ​ 178,208 ​ ​ 26,607 Contract costs, net ​ ​ 48,795,906 ​ ​ 33,858,820 ​ ​ 5,055,274 Prepaid expenses ​ ​ - ​ ​ 165,120 ​ ​ 24,653 Prepaid expenses- related parties ​ 433,000 ​ 275,000 ​ 41,059 Total current assets ​ 96,651,951 ​ 126,306,575 ​ ​ 18,750,108 ​ ​ ​ ​ ​ ​ 　 ​ ​ ​ 　 ​ Property and equipment, net ​ ​ 27,138,768 ​ ​ 25,474,162 ​ ​ 3,803,407 Land use right, net ​ ​ 1,253,408 ​ ​ 1,226,169 ​ ​ 183,073 Customer relationship ​ ​ 6,650,000 ​ ​ 5,950,000 ​ ​ 888,362 Long-term other receivables, net ​ ​ 114,679 ​ ​ 1,564,381 ​ ​ 233,569 Goodwill ​ ​ 6,996,895 ​ ​ 4,730,002 ​ ​ 706,211 Right of use assets ​ 7,925,930 ​ 5,440,590 ​ 812,305 Total Assets ¥ 146,731,631 ¥ 170,931,618 ​ $ 25,412,829 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES ​ ​ ​ ​ ​ ​ Short-term bank loan ¥ 15,000,000 ¥ 10,000,000 ​ $ 1,493,045 Trade accounts payable ​ ​ 18,182,770 ​ ​ 12,826,108 ​ ​ 1,914,996 Other payables ​ ​ 2,096,830 ​ ​ 1,469,761 ​ ​ 219,442 Other payable- related parties ​ ​ 1,253,797 ​ ​ 1,061,081 ​ ​ 158,424 Advance from customers ​ ​ 7,686,276 ​ ​ 2,107,277 ​ ​ 314,626 Accrued payroll and employees’ welfare ​ ​ 1,565,898 ​ ​ 1,213,040 ​ ​ 181,112 Intercompany payables* ​ ​ 123,331,367 ​ ​ 194,373,010 ​ ​ 29,020,764 Taxes payable ​ ​ 1,249,052 ​ ​ 2,211,190 ​ ​ 330,141 Short-term borrowings ​ ​ 530,000 ​ ​ — ​ ​ — Short-term borrowings - related parties ​ ​ 12,676,042 ​ ​ 9,009,156 ​ ​ 1,345,107 Long-term borrowings - related party - current portion ​ 920,066 ​ 999,530 ​ 149,234 Operating lease liabilities - current ​ 2,226,832 ​ 3,892,774 ​ 581,209 Total current liabilities ​ 186,718,930 ​ 239,162,927 ​ 35,708,100 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease liabilities - non-current ​ ​ 4,792,101 ​ ​ 2,184,635 ​ ​ 326,176 Long-term borrowings - related party ​ 6,486,551 ​ 5,511,076 ​ 822,828 Deferred tax liability ​ ​ 624,088 ​ ​ 187,972 ​ ​ 28,065 Total Liabilities ¥ 198,621,670 ¥ 247,046,610 ​ $ 36,885,169 *Intercompany payables are eliminated upon consolidation.

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Jun. 30, 2022
SEGMENT REPORTING
Schedule of segment reporting information	The following tables present summary information by segment for the years ended June 30, 2020, 2021 and 2022, respectively: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, ​ ​ 2020 ​ 2021 ​ 2022 ​ 2022 ​ RMB RMB RMB U.S. Dollars Automation product and software ¥ 51,413,830 ¥ 18,535,166 ¥ 31,944,055 ​ $ 4,769,390 Equipment and accessories ​ 14,222,623 ​ 15,791,623 ​ 17,159,381 ​ 2,561,973 Oilfield environmental protection ​ 124,198 ​ 11,043,979 ​ 25,335,363 ​ 3,782,684 Platform outsourcing services ​ ​ — ​ ​ 2,567,807 ​ ​ 9,338,772 ​ ​ 1,394,321 Total revenue ¥ 65,760,651 ¥ 47,938,575 ¥ 83,777,571 ​ $ 12,508,368 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2022 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 31,944,055 ¥ 17,159,381 ¥ 25,335,363 ¥ 9,338,772 ¥ 83,777,571 Cost of revenue and related tax ​ 29,824,014 ​ 10,479,615 ​ 20,222,446 ​ 3,826,759 ​ 64,352,834 Gross profit ¥ 2,120,041 ¥ 6,679,766 ¥ 5,112,917 ¥ 5,512,013 ¥ 19,424,737 Depreciation and amortization ¥ 421,619 ¥ 814,960 ¥ 2,045,601 ¥ 57,688 ¥ 3,339,868 Total capital expenditures ¥ 14,823 ¥ 21,456 ¥ 768,795 ¥ 194,578 ¥ 999,652 Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 31,944,055 ¥ 17,159,381 ¥ 15,779,825 ¥ 9,338,772 ¥ 74,222,033 Services rendered over time ​ ​ 　 ​ ​ ​ 　 ​ ​ ​ 9,555,538 ​ ​ — ​ ​ 9,555,538 Total revenue ¥ 31,944,055 ¥ 17,159,381 ¥ 25,335,363 ¥ 9,338,772 ¥ 83,777,571 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2021 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 18,535,166 ¥ 15,791,623 ¥ 11,043,979 ¥ 2,567,807 ¥ 47,938,575 Cost of revenue and related tax ​ 19,942,541 ​ 11,264,971 ​ 8,045,567 ​ 1,470,468 ​ 40,723,547 Gross profit ¥ (1,407,375) ¥ 4,526,652 ¥ 2,998,412 ¥ 1,097,339 ¥ 7,215,028 Depreciation and amortization ¥ 277,496 ¥ 851,612 ¥ 2,000,952 ¥ 20,729 ¥ 3,150,789 Total capital expenditures ¥ 26,761 ¥ 136,224 ¥ 315,944 ¥ 43,487 ¥ 522,416 Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 18,535,166 ​ ¥ 15,791,623 ​ ¥ 9,654,418 ​ ¥ 2,567,807 ​ ¥ 46,549,014 Services rendered over time ​ ​ — ​ ​ — ​ ​ 1,389,561 ​ ​ — ​ ​ 1,389,561 Total revenue ¥ 18,535,166 ¥ 15,791,623 ¥ 11,043,979 ¥ 2,567,807 ¥ 47,938,575 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended June 30, 2020 ​ Automation Equipment Oilfield Platform ​ ​ ​ ​ product and ​ and ​ environmental ​ outsourcing ​ ​ ​ ​ ​ software ​ accessories ​ protection ​ services ​ Total ​ ​ RMB ​ RMB ​ RMB ​ RMB ​ RMB Revenue ¥ 51,413,830 ¥ 14,222,623 ¥ 124,198 ¥ — ¥ 65,760,651 Cost of revenue and related tax ​ 38,257,914 ​ 7,683,662 ​ 212,679 ​ — ​ 46,154,255 Gross profit ¥ 13,155,916 ¥ 6,538,961 ¥ (88,481) ¥ — ¥ 19,606,396 Depreciation and amortization ¥ 98,756 ¥ 683,522 ¥ 827,422 ¥ — ¥ 1,609,700 Total capital expenditures ¥ 85,975 ¥ — ¥ 3,782,911 ¥ — ¥ 3,868,886 Timing of revenue recognition ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Goods transferred at a point in time ​ ¥ 10,871,301 ​ ¥ 14,222,623 ​ ¥ — ​ ¥ — ​ ¥ 25,093,924 Services rendered over time ​ ​ 40,542,529 ​ ​ — ​ ​ 124,198 ​ ​ — ​ ​ 40,666,727 Total revenue ¥ 51,413,830 ¥ 14,222,623 ¥ 124,198 ¥ — ¥ 65,760,651 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars Total assets: ​ ​ ​ Automation product and software ¥ 156,435,379 ¥ 147,377,607 ​ $ 22,004,142 Equipment and accessories ​ 160,299,200 ​ 149,876,933 ​ 22,377,300 Oilfield environmental protection ​ 139,326,144 ​ 107,755,500 ​ 16,088,380 Platform outsourcing services ​ ​ 110,455,937 ​ ​ 85,232,044 ​ ​ 12,725,527 Total Assets ¥ 566,516,660 ¥ 490,242,084 ​ $ 73,195,349

CONDENSED FINANCIAL INFORMATI_2

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Tables)	12 Months Ended
	Jun. 30, 2022
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY
Schedule of parent company balance sheets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, June 30, June 30, ​ ​ 2021 ​ 2022 ​ 2022 ​ ​ RMB ​ RMB ​ U.S. Dollars ASSETS ​ ​ ​ Cash ​ ¥ 325,116,815 ​ ¥ 296,838,959 ​ $ 44,319,391 Due from intercompanies ​ ​ 142,741,114 ​ ​ 205,224,961 ​ ​ 30,641,009 Other current assets ​ ​ 52,136,194 ​ ​ 20,364,424 ​ ​ 3,040,500 Total Current Assets ​ ​ 519,994,123 ​ ​ 522,428,344 ​ ​ 78,000,900 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-current assets ​ ​ ​ ​ ​ Investment in subsidiaries and VIEs ​ (49,551,884) ​ ​ (77,566,835) ​ ​ (11,581,077) Investment in unconsolidated entity ​ ​ 27,931,795 ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets ¥ 498,374,034 ​ ¥ 444,861,509 ​ ¥ 66,419,823 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES AND SHAREHOLDERS’ EQUITY ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other current liabilities ​ ​ 12,643,150 ​ ​ 7,552,452 ​ ​ 1,127,615 Total current Liabilities ​ ​ 12,643,150 ​ ​ 7,552,452 ​ ​ 1,127,615 ​ ​ ​ 　 ​ ​ ​ 　 ​ ​ ​ ​ Warrant liability ​ ​ 190,635,850 ​ ​ 16,677,328 ​ ​ 2,490,000 LIABILITIES ​ 203,279,000 ​ ​ 24,229,780 ​ ​ 3,617,615 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ COMMITMENTS AND CONTINGENCIES ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ SHAREHOLDERS’ EQUITY ​ ​ ​ Class A ordinary shares, $0.0925 U.S. dollar par value, 150,000,000 shares authorized; 26,868,391 shares and 27,180,718 shares issued outstanding ​ 16,340,826 ​ 18,001,670 ​ 2,687,730 Class B ordinary shares, $0.0925 U.S. dollar par value, 20,000,000 shares authorized; nil shares and 2,500,000 shares issued outstanding ​ — ​ 2,408,498 ​ 359,600 Additional paid-in capital ​ 479,490,763 ​ 496,038,696 ​ 74,060,807 Accumulated deficit ​ (202,711,391) ​ (107,124,596) ​ (15,994,184) Accumulated other comprehensive income (loss) ​ 1,974,836 ​ 11,307,461 ​ 1,688,255 Total shareholders’ equity ​ 295,095,034 ​ 420,631,729 ​ 62,802,208 ​ ​ ​ 　 ​ ​ ​ 　 ​ ​ ​ 　 ​ Total liabilities and shareholders’ equity ¥ 498,374,034 ​ ¥ 444,861,509 ​ $ 66,419,823 * Due from subsidiaries, VIEs and VIEs’ subsidiaries are eliminated upon consolidation.
Schedule of parent company statements of operations and comprehensive income (loss)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2020 2021 2022 2022 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars Revenues ​ ¥ 20,079,210 ​ ¥ 121,197 ​ ¥ — ​ $ — Cost of revenues ​ ​ 16,063,368 ​ ​ 97,024 ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross profit ​ ​ 4,015,842 ​ ​ 24,173 ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ General and administrative expenses ​ ​ 13,337,810 ​ ​ 29,502,464 ​ ​ 62,918,622 ​ ​ 9,394,033 Provision for credit losses ​ ​ — ​ ​ 1,933,986 ​ ​ 1,923,382 ​ ​ 287,170 Loss from operations ​ ​ (9,321,968) ​ ​ (31,412,277) ​ ​ (64,842,004) ​ ​ (9,681,203) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value changes of warrants liability ​ ​ — ​ ​ 35,365,792 ​ ​ 174,485,575 ​ ​ 26,051,481 Other income (loss) ​ ​ (1,298,039) ​ ​ 320,235 ​ ​ 4,105,116 ​ ​ 612,913 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Equity in loss of subsidiaries, VIEs and VIEs’ subsidiaries ​ ​ (8,626,694) ​ ​ (27,106,484) ​ ​ (18,161,892) ​ ​ (2,711,652) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) ​ ¥ (19,246,701) ​ ¥ (22,832,734) ​ ¥ 95,586,795 ​ $ 14,271,539 FOREIGN CURRENCY TRANSLATION ADJUSTMENTS ​ ​ ​ ​ ​ ​ ​ ​ Foreign currency translation adjustment ​ (84,205) ​ (850,895) ​ 9,332,625 ​ 1,393,403 Comprehensive income (loss) attributable to the company ​ ¥ (19,330,906) ​ ¥ (23,683,629) ¥ 104,919,420 ​ $ 15,664,942
Schedule of parent company statements of cash flows	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the years ended June 30, ​ 2020 2021 2022 2022 ​ ​ RMB ​ RMB ​ RMB ​ U.S. Dollars ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CASH FLOWS FROM OPERATING ACTIVITIES: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) ​ ¥ (19,246,701) ​ ¥ (22,832,734) ¥ 95,586,795 ​ $ 14,271,539 Adjustments to reconcile net cash flows from operating activities: ​ ​ ​ ​ Changes in warrants liabilities ​ ​ — ​ ​ (35,365,792) ​ ​ (174,485,575) ​ ​ (26,051,481) Amortization of offering cost of warrants ​ ​ — ​ ​ 12,584,024 ​ ​ — ​ ​ — Provision for doubtful accounts ​ ​ — ​ ​ 1,933,986 ​ ​ 1,923,382 ​ ​ 287,170 Restricted shares issued for management and employees ​ ​ 7,944,835 ​ ​ 6,140,037 ​ ​ 39,263,485 ​ ​ 5,862,215 Loss (income) from investment in unconsolidated entity ​ ​ — ​ ​ 15,411 ​ ​ (15,411) ​ ​ (2,301) Restricted shares issued for services ​ ​ 33,927 ​ ​ — ​ ​ 8,935,919 ​ ​ 1,334,173 Equity in earnings of subsidiaries and VIEs ​ 8,626,694 ​ 27,106,484 ​ 18,161,892 ​ 2,711,652 Other current assets ​ ​ (3,370,538) ​ ​ (474,891) ​ ​ (111,521) ​ ​ (16,651) Other current liabilities ​ ​ 5,583,322 ​ ​ 4,776,846 ​ ​ (5,090,698) ​ ​ (760,064) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash used in operating activities ​ (428,461) ​ (6,116,629) ​ (15,831,732) ​ (2,363,748) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash flows from investing activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Repayments from loans to third parties ​ ​ — ​ ​ 1,950,000 ​ ​ 166,405,032 ​ ​ 24,845,019 Payments made for loans to third parties ​ ​ — ​ ​ (50,288,458) ​ ​ (137,391,510) ​ ​ (20,513,170) Due from intercompany, VIEs and VIEs’ subsidiaries ​ ​ (4,484,382) ​ ​ (29,505,002) ​ ​ (55,569,342) ​ ​ (8,296,753) ​ ​ ​ ​ ​ ​ ​ ​ ​ 　 ​ ​ ​ 　 ​ Net cash used in investing activities ​ ​ (4,484,382) ​ ​ (77,843,460) ​ ​ (26,555,820) ​ ​ (3,964,904) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash flows from financing activities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Proceeds from warrants issued with common share ​ ​ — ​ ​ 212,051,414 ​ ​ — ​ ​ — Proceeds from sale of common share, net of issuance costs ​ ​ 26,141,051 ​ ​ 81,091,141 ​ ​ — ​ ​ — Proceeds from sale of prefunded warrants, net of issuance costs ​ ​ — ​ ​ 30,276,569 ​ ​ 93,321 ​ ​ 13,933 Proceeds from share issuance for warrants exercised ​ ​ — ​ ​ 21,130,035 ​ ​ — ​ ​ — Proceeds from issuance of convertible notes ​ ​ — ​ ​ 42,014,616 ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash provided by financing activities ​ ​ 26,141,051 ​ ​ 386,563,775 ​ ​ 93,321 ​ ​ 13,933 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Effect of exchange rate fluctuation on cash ​ ​ (97,823) ​ ​ 274,149 ​ ​ 14,016,375 ​ ​ 2,092,708 ​ ​ ​ ​ ​ ​ ​ ​ ​ 　 ​ ​ ​ ​ Net increase (decrease) in cash ​ 21,130,385 ​ 302,877,835 ​ (28,277,856) ​ (4,222,011) ​ ​ ​ ​ ​ ​ ​ ​ ​ 　 ​ ​ ​ ​ CASH, beginning of year ​ 1,108,595 ​ 22,238,980 ​ 325,116,815 ​ 48,541,402 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CASH, end of year ​ ¥ 22,238,980 ​ ¥ 325,116,815 ¥ 296,838,959 ​ $ 44,319,391 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-cash investing and financing activities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuance of common share in exchange of shares of Starry, net of issuance costs ​ ¥ — ​ ¥ 27,675,450 ​ ¥ — ​ $ — Cancellation of ordinary shares issued to Starry ​ ¥ ​ ​ ¥ ​ ​ ¥ (27,675,450) ​ $ (4,132,069) Conversion of convertible notes to 9,225,338 shares of ordinary shares ​ ¥ — ​ ¥ 42,435,669 ​ ¥ — ​ $ — Payable for issuance cost of common share ​ ¥ 374,696 ​ ¥ — ​ ¥ — ​ $ —

ORGANIZATION AND NATURE OF OP_2

ORGANIZATION AND NATURE OF OPERATIONS (Details)					12 Months Ended
	May 19, 2021	Apr. 26, 2021	Oct. 23, 2018	Sep. 25, 2017	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Aug. 21, 2018	Oct. 16, 2017 CNY (¥)	May 23, 2017 CNY (¥)
Variable interest entity, terms of arrangements					the Company is able to absorb 90% of net interest or 100% of net loss of those VIEs.
Ownership interest (as a percent)							8
Beijing Bhd Petroleum Technology Co Ltd
Ownership interest held by parent					51%	51%
Nanjing Recon
Ownership interest held by noncontrolling owner					19%	19%
Gan Su BHD Environmental Technology Co., Ltd [Member]
Ownership percentage					49%	49%
Beijing Bhd Petroleum Technology Co Ltd
Paid In capital | $						$ 200,000
Remaining paid in capital					¥ 33,300,000	4,971,840
Gan Su BHD Environmental Technology Co., Ltd [Member]
Capital									¥ 50,000,000
Paid In capital					27,495,000	4,105,127
Gan Su BHD Environmental Technology Co., Ltd [Member] | Nanjing Recon
Percentage of equity interest transferred	3.60%
Qing Hai BHD New Energy Technology Co., Ltd
Capital								¥ 50,000,000
Paid In capital					¥ 4,200,000	627,079
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage			55%		75%
Ownership interest (as a percent)			10
Individuals
Remaining paid in capital					¥ 12,500,000	$ 1,866,306
Individuals | Gan Su BHD Environmental Technology Co., Ltd [Member]
Ownership percentage					51%	51%
Individuals | Gan Su BHD Environmental Technology Co., Ltd [Member]
Percentage of equity interest transferred				2%
Beijing Bhd Petroleum Technology Co Ltd | Nanjing Recon
Percentage of equity interest transferred	15.40%
Beijing Bhd Petroleum Technology Co Ltd | Gan Su BHD Environmental Technology Co., Ltd [Member]
Percentage of equity interest transferred		15.40%

ORGANIZATION AND NATURE OF OP_3

ORGANIZATION AND NATURE OF OPERATIONS - Energy consumption market opened to private and foreign companies (Details) - Future Gas Station (Beijing) Technology, Ltd	Jan. 13, 2021 CNY (¥)	Jan. 13, 2021 USD ($)	Jun. 30, 2019 CNY (¥) shares	Aug. 21, 2018 CNY (¥) shares	Feb. 04, 2021	Dec. 15, 2017
Aggregate amount invested	¥ 30,530,000	$ 4,558,266
Domestic Companies
Equity interest acquired						8%
Ownership interest held					51%
Domestic Companies | Investment Agreement
Equity interest acquired			43%	43%
Investment in FGS agreed				¥ 10,000,000
Number of shares issued | shares			487,057	487,057
Aggregate amount invested			¥ 35,116,707
Domestic Companies | Fourth supplemental agreement
Equity interest acquired				8%	8%

LIQUIDITY (Details)

LIQUIDITY (Details)				12 Months Ended
	Jun. 14, 2021 USD ($) shares	Jun. 26, 2020 USD ($) shares	May 21, 2020 USD ($) shares	Jun. 30, 2022 USD ($)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2021 CNY (¥) shares	Jun. 30, 2020 CNY (¥) shares	Jun. 30, 2022 CNY (¥)
Future minimum purchase commitment under the non-cancellable purchase contracts				$ 4,100,000	¥ 27,700,000
Working capital				58,600,000				¥ 392,700,000
Number of warrants to purchase ordinary shares			911,112				1,680,000
Gross proceeds | $		$ 2,100,000	$ 2,100,000
Short-term borrowings due to related parties				1,345,107		¥ 12,676,042		9,009,156
Short-term bank loan				1,493,045		15,000,000		10,000,000
Cash out flow from the operating activities				(3,918,828)	¥ (26,247,237)	(34,050,468)	¥ (5,230,676)
Cash				47,300,000		¥ 343,998,570		317,000,000
Registered direct offering
Gross proceeds | $	$ 55,000,000
Related Party
Short-term borrowings due to related parties				1,300,000				9,000,000
Long-term borrowings from related parties				$ 1,000,000				¥ 6,500,000
Class A ordinary shares
Number of warrants to purchase ordinary shares	6,014,102	1,680,000	911,112			8,814,102
Issuance of ordinary shares, net of issuance costs (in shares)	6,014,102
Class A ordinary shares | Concurrent private placement
Issuance of ordinary shares, net of issuance costs (in shares)	8,814,102
Pre-funded warrants
Number of warrants to purchase ordinary shares	8,814,102
Issuance of ordinary shares, net of issuance costs (in shares)	2,800,000
Gross proceeds | $	$ 55,000,000

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)	Jun. 30, 2022 USD ($)
Accounting Policies [Line Items]
Foreign currency transactions, description	The translation has been made at the rate of ¥6.6977 = US$1.00, the approximate exchange rate prevailing on June 30, 2022.	The translation has been made at the rate of ¥6.6977 = US$1.00, the approximate exchange rate prevailing on June 30, 2022.
Selling and distribution expenses	¥ 10,150,802	$ 1,515,560	¥ 8,038,965	¥ 4,417,413
Allowance for credit losses	3,700,000				$ 600,000
Impairment for long-lived assets	0		768,312	0
Impairment loss	0		0	0
Investment loss			266,707
Investment income	15,411	2,301		462,879
Revenue recognized	7,390,276	1,103,401	1,899,561	0
Impairment for goodwill	2,266,893	$ 338,457	0	0
Contract assets and contract liabilities from contracts with customers
Contract costs	33,858,820		48,795,906		5,055,274
Contract liabilities	¥ 2,107,277		7,686,276		$ 314,626
Use Rights
Accounting Policies [Line Items]
Finite-Lived intangible asset, useful life	50 years	50 years
Shipping and Handling
Accounting Policies [Line Items]
Selling and distribution expenses	¥ 537,371	$ 80,232	¥ 444,824	¥ 257,573
Minimum
Accounting Policies [Line Items]
Property, plant and equipment, useful life	2 years	2 years
Maximum
Accounting Policies [Line Items]
Property, plant and equipment, useful life	10 years	10 years
Motor vehicles | Minimum
Accounting Policies [Line Items]
Property, plant and equipment, useful life	5 years	5 years
Motor vehicles | Maximum
Accounting Policies [Line Items]
Property, plant and equipment, useful life	10 years	10 years
Office equipment | Minimum
Accounting Policies [Line Items]
Property, plant and equipment, useful life	2 years	2 years
Office equipment | Maximum
Accounting Policies [Line Items]
Property, plant and equipment, useful life	5 years	5 years
Leasehold improvements
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. | Minimum
Accounting Policies [Line Items]
Property, plant and equipment, useful life	10 years	10 years
Production equipment. | Maximum
Accounting Policies [Line Items]
Property, plant and equipment, useful life	20 years	20 years

SIGNIFICANT ACCOUNTING POLICI_5

SIGNIFICANT ACCOUNTING POLICIES - basic and diluted earnings per share (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥) ¥ / shares shares	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2021 CNY (¥) ¥ / shares shares	Jun. 30, 2020 CNY (¥) ¥ / shares shares	Jun. 30, 2022 USD ($)
Numerator:
Net income (loss) attributable to Recon Technology, Ltd	¥ 95,586,795	$ 14,271,539	¥ (22,832,734)	¥ (19,246,701)
Denominator:
Weighted average shares -Basic	30,002,452	30,002,452	12,697,024	4,624,615
Outstanding options/warrants/convertible notes	¥ 10,536,433		¥ 10,522,294	¥ 426,854	$ 10,536,433
Weighted average shares -Diluted	30,002,452	30,002,452	12,697,024	4,624,615
Earning (loss) per share -Basic | (per share)	¥ 3.19	$ 0.48	¥ (1.80)	¥ (4.16)
Earning (loss) per share -Diluted | (per share)	¥ 3.19	$ 0.48	¥ (1.80)	¥ (4.16)

TRADE ACCOUNTS RECEIVABLE, NE_2

TRADE ACCOUNTS RECEIVABLE, NET - Summary of Accounts receivable (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Third Parties
Total third-parties, net	¥ 22,577,980	$ 3,370,994	¥ 26,686,888
Third parties
Third Parties
Trade accounts receivable	27,206,752	4,062,089	31,669,331
Allowance for credit losses	(4,628,772)	(691,095)	(4,982,443)
Total third-parties, net	22,577,980	3,370,994	26,686,888
Third Parties- long-term
Trade accounts receivable	4,983,698	744,089	4,332,984
Allowance for credit losses	(4,983,698)	(744,089)	(4,332,984)
Total third-parties, net	¥ 0	$ 0	¥ 0

TRADE ACCOUNTS RECEIVABLE, NE_3

TRADE ACCOUNTS RECEIVABLE, NET - Summary of Movement of allowance for doubtful accounts (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge to credit losses	¥ 153,329	$ 22,893	¥ 3,730,606	¥ 2,204,170
Third parties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning balance	9,315,427	1,390,834	5,849,504
Charge to credit losses	153,329	22,893	3,730,606
Less: write-off	0	0	(254,853)
Foreign currency translation adjustments	143,714	21,457	(9,830)
Ending balance	¥ 9,612,470	$ 1,435,184	¥ 9,315,427	¥ 5,849,504

TRADE ACCOUNTS RECEIVABLE, NE_4

TRADE ACCOUNTS RECEIVABLE, NET - Additional Information (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for doubtful accounts of accounts receivable due from third parties	¥ 153,329	$ 22,893	¥ 3,730,606	¥ 2,204,170
Percentage of not-collection from our customers	68.2	68.2
Amount of not-collection from our customers	¥ 15,400,000	$ 2,300,000
Provision of (net recovery of) credit losses	(658,823)	(98,365)	8,191,247	2,203,531
Third parties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for doubtful accounts of accounts receivable due from third parties	153,329	$ 22,893	3,730,606
Urumqi Yikeli Automatic Control Equipment Co., Ltd
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision of (net recovery of) credit losses	¥ 0			¥ 340,992
Net recovery of provision for credit losses made for accounts receivable due from related-party			¥ 340,992

NOTES RECEIVABLE (Details)

NOTES RECEIVABLE (Details)	Oct. 21, 2022 CNY (¥)	Oct. 21, 2022 USD ($)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable			¥ 10,828,308	$ 1,616,715	¥ 6,305,633
Subsequent event
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable	¥ 8,800,000	$ 1,300,000
Percentage of notes subsequently collected	81.4	81.4

OTHER RECEIVABLES, NET - Summar

OTHER RECEIVABLES, NET - Summary of Other receivables, net (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2021 USD ($)	Jun. 30, 2020 CNY (¥)
Current Portion
Other receivable - current portion	¥ 5,501,833	$ 821,448	¥ 6,939,676
Third Party
Current Portion
Business advances to officers and staffs (A)	1,441,807	215,268	957,277
Deposits for projects	3,259,236	486,619	1,982,987
VAT recoverable	437,095	65,260	3,562,295
Others	2,547,520	380,356	1,469,949
Other Receivables	7,685,658	1,147,503	7,972,508
Less: Long term portion (B)	(1,564,381)	(233,569)	(114,679)
Allowance for credit losses	(619,444)	(92,486)	(918,153)	$ (137,085)	¥ (1,529,036)
Other receivable - current portion	¥ 5,501,833	$ 821,448	¥ 6,939,676

OTHER RECEIVABLES, NET - Summ_2

OTHER RECEIVABLES, NET - Summary of Movement of allowance for credit losses (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Other Receivables [Line Items]
Reversal of credit losses				¥ 67,312
Third Party
Other Receivables [Line Items]
Beginning balance	¥ 918,153	$ 137,085	¥ 1,529,036
Balance acquired from FGS			151,689
Reversal of credit losses	(294,644)	(43,992)	(187,161)
Less: write-off	(4,065)	(607)	(575,411)
Ending balance	¥ 619,444	$ 92,486	¥ 918,153	¥ 1,529,036

OTHER RECEIVABLES, NET - Additi

OTHER RECEIVABLES, NET - Additional Information (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
OTHER RECEIVABLES, NET
Provision for credit losses of other receivables				¥ 67,312
Net recovery of provision made for doubtful accounts of other receivables	¥ 294,644	$ 43,992	¥ 187,161

LOANS TO THIRD PARTIES (Details

LOANS TO THIRD PARTIES (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
LOANS TO THIRD PARTIES.
Working fund to third party companies	¥ 50,383,822	$ 7,522,532	¥ 50,476,782
Allowance for credit losses	0	0	0
Total loans to third parties	¥ 50,383,822	$ 7,522,532	¥ 50,476,782

LOANS TO THIRD PARTIES - Additi

LOANS TO THIRD PARTIES - Additional Information (Details) - 12 months ended Jun. 30, 2022 ¥ in Millions, $ in Millions	CNY (¥)	USD ($)
LOANS TO THIRD PARTIES.
Proceeds from Collection of Loans Receivable	¥ 4.5	$ 0.7

CONTRACT COSTS, NET (Details)

CONTRACT COSTS, NET (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
CONTRACT COSTS, NET
Contract costs	¥ 37,922,302		¥ 53,344,816		$ 5,661,970
Allowance for credit losses	(4,063,482)		(4,548,910)	¥ (139,762)	(606,696)	$ (679,172)
Total contract costs, net	33,858,820		48,795,906		5,055,274
Contract costs	¥ 33,858,820		48,795,906		$ 5,055,274
Percentage of total contracts costs subsequently realized	13.30%				13.30%
Total contracts costs that have been subsequently realized	¥ 4,500,000				$ 700,000
Net recovery of provision for credit losses	¥ 552,008	$ 82,417	¥ 4,647,802	¥ 22,451

CONTRACT COSTS, NET - Movement

CONTRACT COSTS, NET - Movement of impairment of contract costs (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
CONTRACT COSTS, NET
Beginning balance	¥ 4,548,910	$ 679,172	¥ 139,762
Provision for (reversal of) credit losses	(552,008)	(82,417)	4,647,802
Charge to cost of sales	66,580	9,941
Less: write-off			(238,654)
Ending balance	¥ 4,063,482	$ 606,696	¥ 4,548,910

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Property, Plant and Equipment [Line Items]
Total property and equipment	¥ 37,856,724	$ 5,652,179	¥ 37,042,280
Less: accumulated depreciation	(11,614,250)	(1,734,060)	(9,135,200)
Less: Impairment for property and equipment	(768,312)	(114,712)	(768,312)
Property and equipment, net	25,474,162	3,803,407	27,138,768
Motor vehicles
Property, Plant and Equipment [Line Items]
Total property and equipment	5,312,274	793,146	5,097,921
Office equipment and fixtures
Property, Plant and Equipment [Line Items]
Total property and equipment	1,442,395	215,356	1,385,084
Production equipment
Property, Plant and Equipment [Line Items]
Total property and equipment	31,102,055	4,643,677	30,559,275
Construction in Progress
Property, Plant and Equipment [Line Items]
Property and equipment, net	¥ 239,739	$ 35,794	¥ 0

PROPERTY AND EQUIPMENT, NET - A

PROPERTY AND EQUIPMENT, NET - Additional Information (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
PROPERTY AND EQUIPMENT, NET.
Depreciation expenses	¥ 2,611,854	$ 389,961	¥ 2,773,122	¥ 1,582,461
Impairment loss of property and equipment	0		768,312	0
Loss from property and equipment disposal	¥ (48,628)	$ (7,260)	¥ 19,590	¥ 89,156

BUSINESS ACQUISITION AND INVE_3

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY - Additional Information (Details)						1 Months Ended	12 Months Ended
	Nov. 10, 2021 shares	Jun. 03, 2021 USD ($) shares	Jan. 13, 2021 CNY (¥) item shares	Dec. 10, 2019	Aug. 21, 2018 USD ($) shares	Aug. 21, 2018 CNY (¥) shares	Jun. 30, 2022 CNY (¥) item shares	Jun. 30, 2022 USD ($) item shares	Jun. 30, 2021 CNY (¥) shares	Jun. 30, 2020 CNY (¥) shares	Jun. 03, 2021 CNY (¥)	Jun. 03, 2021 USD ($) $ / shares	Jan. 13, 2021 USD ($) item $ / shares	Dec. 31, 2020
Cost Method Investment Ownership Percentage					43%	43%								43%
Ownership interest (as a percent)					8	8
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture					487,057
Income (loss) from investment in unconsolidated entity							¥ 15,411	$ 2,301	¥ (266,707)	¥ 462,879
Loss (income) from investment in unconsolidated entity | ¥									(251,296)
Reverse stock split							0.2	0.2
Remeasurement gain of previously held equity interests in connection with step acquisition | ¥									979,254	0
Investment loss | ¥									266,707
Future Gas Station (Beijing) Technology, Ltd
Ownership interest (as a percent)			51										51
Payments to Acquire Additional Interest in Subsidiaries					$ 10,000,000	¥ 10,000,000
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture						487,057
Number of gas stations extending business | item							200	200
Number of Company's subsidiaries who entered into the fourth supplemental agreement to the investment agreement | item			2										2
Equity Method Investment, Additional Information					As consideration for increasing its affiliates’ interest in FGS from 8% to 43%, the Company will (1) pay a total of RMB 10 million in cash to FGS and (2) issue 487,057 restricted Class A Ordinary Shares of the Company (the “Restricted Shares”) to the other shareholders of FGS within 30 days after FGS finalizes recording the Company’s corresponding interest at the local governmental agency.
Stock price | $ / shares													$ 1.61
Fair market value of waived performance goals			¥ 1,689,807										$ 261,667
Remeasurement gain of previously held equity interests in connection with step acquisition | ¥							¥ 979,254
Amortization expense							700,000	$ 104,513	350,000	¥ 0
Investment in Starry Blockchain Energy Pte. Ltd
Cost Method Investment Ownership Percentage											30%	30%
Ownership interest (as a percent)											30	30
Payments to Acquire Equity Method Investments | $		$ 3,000,000
Stock price | $ / shares												$ 13.80
Fair value of shares issued											¥ 27,675,450	$ 4,327,600
Investment loss							¥ 15,411	$ 2,301	¥ 15,411
Future Gas Station (Beijing) Technology, Ltd
Percentage of equity interest to be acquired in exchange for waiver of performance goals			8%										8%
Consideration in shares			487,057
Percentage of deemed consideration of equity.			8%
Number of Shares cancelled			162,352
Restricted shares
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture							128,672	128,672	188,662	250,086
Restricted shares | Future Gas Station (Beijing) Technology, Ltd
Consideration in shares			487,057
Minimum
Ownership interest (as a percent)					8	8
Maximum
Ownership interest (as a percent)					43	43
Class A ordinary shares
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture						487,057
Reverse stock split				0.2
Class A ordinary shares | Future Gas Station (Beijing) Technology, Ltd
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture					487,057
Class A ordinary shares | Starry
Number of shares issued	500,000
Class A ordinary shares | Restricted shares | Investment in Starry Blockchain Energy Pte. Ltd
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture	316,345	316,345
Stock price | $ / shares												$ 9.48

BUSINESS ACQUISITION AND INVE_4

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY - Fair values of the identifiable assets and liabilities (Details)			12 Months Ended
	Jan. 13, 2021 CNY (¥)	Jan. 13, 2021 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2021 USD ($)	Jan. 13, 2021 USD ($)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]
Capital contribution receivable due from non-controlling Interest			¥ (50,000,000)	$ (7,465,225)
Future Gas Station (Beijing) Technology, Ltd
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]
Cash	¥ 471,843				$ 70,448
Trade accounts receivable, net	(831,049)				(124,079)
Other receivables, net	144,285				21,542
Contract costs, net	75,250				11,235
Prepaid expenses	91,132				13,606
Property and equipment, net	118,130				17,637
Intercompany receivables	6,850,000				1,022,736
Intangible assets- customer relationship	7,000,000				1,045,131
Goodwill	6,996,895				1,044,668
Trade accounts payable	(1,032,078)				(154,094)
Other payables	(1,273,182)				(190,092)
Other payable- related parties	(479,959)				(71,660)
Deferred revenue	(39,786)				(5,940)
Accrued payroll and employees' welfare	(1,629,519)				(243,295)
Taxes payable	(64,253)				(9,593)
Deferred tax liability	(1,050,000)				(156,768)
Total	17,009,807				$ 2,539,640
Deemed equity consideration to acquire 8% equity interest in FGS	1,689,807	$ 252,296
Fair value of previously held equity interest	30,530,000	4,558,266
Non-controlling interest	34,790,000	5,194,303
Capital contribution receivable due from non-controlling Interest	(50,000,000)	(7,465,225)
Total	¥ 17,009,807	$ 2,539,640

BUSINESS ACQUISITION AND INVE_5

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY - Fair value of identified goodwill acquired and carrying value (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)	Jun. 30, 2022 USD ($)
BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY
Goodwill	¥ 6,996,895				$ 1,044,668
Less: impairment	(2,266,893)				(338,457)
The carrying value of goodwill as of June 30,2022	4,730,002		¥ 6,996,895		$ 706,211
Impairment loss on goodwill	¥ 2,266,893	$ 338,457	¥ 0	¥ 0

BUSINESS ACQUISITION AND INVE_6

BUSINESS ACQUISITION AND INVESTMENT IN UNCONSOLIDATED ENTITY - Fair value of identified intangible assets, customer relationship and its estimated useful lives (Details) - 12 months ended Jun. 30, 2022 - Future Gas Station (Beijing) Technology, Ltd	CNY (¥)	USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets - customer relationship	¥ 7,000,000	$ 1,045,132
Less: accumulated amortization	(1,050,000)	(156,770)
Total intangible assets, net as of June 30,2021	¥ 5,950,000	$ 888,362
Average Useful Life (in Years)	10 years

LEASES - Operating lease relate

LEASES - Operating lease related assets and liabilities (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Operating lease related assets and liabilities recorded on the balance sheets
Rights of use lease assets, net	¥ 5,440,590	$ 812,305	¥ 7,925,930
Operating lease liabilities - current	3,892,774	581,209	2,226,832
Operating lease liabilities - non-current	2,184,635	326,176	4,792,101
Total operating lease liabilities	¥ 6,077,409	$ 907,385	¥ 7,018,933

LEASES - weighted average remai

LEASES - weighted average remaining lease terms and discount rates (Details)	Jun. 30, 2022	Jun. 30, 2021
Remaining lease term and discount rate:
Weighted average remaining lease term (years)	1 year 8 months 23 days	2 years 7 months 2 days
Weighted average discount rate	5%	5%

LEASES - Maturities of lease li

LEASES - Maturities of lease liabilities (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Schedule, by years, of maturities of lease liabilities
2023	¥ 4,073,072	$ 608,128
2024	2,222,504	331,830
Total lease payments	6,295,576	939,958
Less: imputed interest	(218,167)	(32,573)
Total operating lease liabilities	6,077,409	907,385	¥ 7,018,933
Operating lease liabilities - current	3,892,774	581,209	2,226,832
Operating lease liabilities - non-current	¥ 2,184,635	$ 326,176	¥ 4,792,101

LEASES - Additional information

LEASES - Additional information (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)	Jun. 30, 2022 USD ($)	Jul. 01, 2019 CNY (¥)	Jul. 01, 2019 USD ($)
Lessee, Lease, Description [Line Items]
Rights of use lease assets, net	¥ 5,440,590		¥ 7,925,930		$ 812,305
Operating Lease, liabilities	6,077,409		7,018,933		$ 907,385
Operating lease costs	3,443,813	$ 514,177	2,034,105	¥ 1,348,742
Short-term lease	¥ 967,247	$ 144,414	¥ 1,291,685	¥ 1,142,417
ASU 2016-02 | Restatement
Lessee, Lease, Description [Line Items]
Rights of use lease assets, net						¥ 1,228,963	$ 183,490
Operating Lease, liabilities						¥ 1,228,963	$ 183,490
Minimum
Lessee, Lease, Description [Line Items]
Lease term	1 year				1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease term	3 years				3 years

OTHER PAYABLES - Third Party (D

OTHER PAYABLES - Third Party (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Other Payables [Line Items]
Total	¥ 3,533,918	$ 527,630	¥ 9,862,762
Third parties
Other Payables [Line Items]
Professional service fees	2,061,016	307,720	7,940,481
Distributors and employees	1,009,307	150,694	1,488,329
Accrued expenses	206,045	30,763	206,051
Others	257,550	38,453	227,901
Total	¥ 3,533,918	$ 527,630	¥ 9,862,762

OTHER PAYABLES - Related Party

OTHER PAYABLES - Related Party (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Other Payables [Line Items]
Total	¥ 3,533,918	$ 527,630	¥ 9,862,762
Related Parties
Other Payables [Line Items]
Expenses paid by the major shareholders	1,396,419	208,492	1,594,543
Due to family members of the owners of BHD and FGS	590,159	88,113	545,159
Due to management staff for costs incurred on behalf of the Company	253,557	37,857	260,965
Total	¥ 2,240,135	$ 334,462	¥ 2,400,667

TAXES PAYABLE (Details)

TAXES PAYABLE (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
TAXES PAYABLE
VAT payable	¥ 1,741,972	$ 260,085	¥ 643,896
Income tax payable	440,030	65,698	440,030
Other taxes payable	28,956	4,323	165,068
Total taxes payable	¥ 2,210,958	$ 330,106	¥ 1,248,994

SHORT-TERM BANK LOANS - Compone

SHORT-TERM BANK LOANS - Components (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Short-term Debt [Line Items]
Short-term bank loans	¥ 10,000,000	$ 1,493,045	¥ 15,000,000
Bank of Nanjing
Short-term Debt [Line Items]
Short-term bank loans			4,000,000
Beijing Rural Commercial Bank
Short-term Debt [Line Items]
Short-term bank loans	¥ 10,000,000	$ 1,493,045	10,000,000
China Construction Bank
Short-term Debt [Line Items]
Short-term bank loans			¥ 1,000,000

SHORT-TERM BANK LOANS - Additio

SHORT-TERM BANK LOANS - Additional information (Details)

12 Months Ended

Apr. 13, 2022 CNY (¥)

Jun. 21, 2021

May 18, 2021 CNY (¥)

Apr. 23, 2021 CNY (¥)

Jul. 10, 2020 CNY (¥)

Jul. 01, 2020 CNY (¥)

Jun. 23, 2020 CNY (¥)

Apr. 15, 2020 CNY (¥)

Jun. 30, 2022 CNY (¥) item

Jun. 30, 2022 USD ($) item

Jun. 30, 2021 CNY (¥)

Jun. 30, 2020 CNY (¥)

Jun. 30, 2022 USD ($)

Apr. 13, 2022 USD ($)

Jun. 21, 2020 CNY (¥)

Apr. 23, 2020

Short-term Debt [Line Items]

Proceeds from debt

¥ 10,000,000

$ 1,493,045

¥ 16,020,000

¥ 9,520,000

Interest expense on bank loan

¥ 486,757

$ 72,675

¥ 602,124

¥ 203,049

Bank of Nanjing

Short-term Debt [Line Items]

Face amount of debt

¥ 1,500,000

¥ 2,500,000

Term of debt

1 year

1 year

Interest rate (as a percent)

4.35%

4.35%

Proceeds from debt

¥ 1,500,000

Beijing Rural Commercial Bank

Short-term Debt [Line Items]

Face amount of debt

¥ 10,000,000

Term of debt

1 year

Interest rate (as a percent)

4.60%

Proceeds from debt

¥ 4,400,000

¥ 5,600,000

Number Of Loan Agreement | item

2

2

Carrying value of self-owned housing property pledged as collateral

¥ 17,600,000

$ 2,600,000

Beijing Rural Commercial Bank | Short Term Borrowings One

Short-term Debt [Line Items]

Face amount of debt

¥ 5,600,000

$ 836,105

Term of debt

1 year

Beijing Rural Commercial Bank | Short Term Borrowings Two

Short-term Debt [Line Items]

Face amount of debt

¥ 4,400,000

$ 656,940

Term of debt

1 year

China Construction Bank

Short-term Debt [Line Items]

Face amount of debt

¥ 1,000,000

Term of debt

1 year

Interest rate (as a percent)

4.0525%

SHORT-TERM BORROWINGS - Due to

SHORT-TERM BORROWINGS - Due to third party (Details)	12 Months Ended
	Jun. 30, 2021 CNY (¥)
Short-term Debt [Line Items]
Total short-term borrowings due to third parties	¥ 530,000
Interest 15 annual interest due on September 23, 2021
Short-term Debt [Line Items]
Total short-term borrowings due to third parties	¥ 230,000
Debt Instrument, Interest Rate Percentage	15%
Interest-free, due on May 12, 2022
Short-term Debt [Line Items]
Total short-term borrowings due to third parties	¥ 200,000
Interest-free, due on June 21, 2022
Short-term Debt [Line Items]
Total short-term borrowings due to third parties	¥ 100,000

SHORT-TERM BORROWINGS - Due t_2

SHORT-TERM BORROWINGS - Due to related party (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2022 USD ($)
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 9,009,156	¥ 12,676,042	$ 1,345,107
Short Term Borrowings One
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		¥ 5,006,042
Debt Instrument, Interest Rate Percentage		4.35%
Short Term Borrowings Two
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		¥ 4,000,000
Debt Instrument, Interest Rate Percentage		4.35%
Short Term Borrowings Three
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		¥ 670,000
Debt Instrument, Interest Rate Percentage		0%
Short Term Borrowings Four
Short-term Debt [Line Items]
Total short-term borrowings due to related parties		¥ 3,000,000
Debt Instrument, Interest Rate Percentage		0%
Short Term Borrowings Five
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 4,006,767		598,228
Debt Instrument, Interest Rate Percentage	4.35%
Short Term Borrowings Six
Short-term Debt [Line Items]
Total short-term borrowings due to related parties	¥ 5,002,389		$ 746,879
Debt Instrument, Interest Rate Percentage	4.35%

SHORT-TERM BORROWINGS - Additio

SHORT-TERM BORROWINGS - Additional Information (Details) - Short Term Borrowings	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Short-term Debt [Line Items]
Interest expense due to third party	¥ 0		¥ 30,000	¥ 0
Guaranteed or collateralized	0		0
Interest expense due to related party	¥ 397,468	$ 59,344	¥ 433,281	¥ 506,358

LONG-TERM BORROWINGS DUE TO R_3

LONG-TERM BORROWINGS DUE TO RELATED PARTY - Due to related party (Details) - Related party	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Long-term borrowing from a founder, monthly payments of 126,135 inclusive of interest at 8.90%, ten years loan, due in November 2027.	¥ 6,510,606	$ 972,062	¥ 7,406,617
Less: current portion	(999,530)	(149,234)	(920,066)
Total long-term borrowings due to related party	¥ 5,511,076	$ 822,828	¥ 6,486,551

LONG-TERM BORROWINGS DUE TO R_4

LONG-TERM BORROWINGS DUE TO RELATED PARTY - (Details) - Long-term Borrowings - Related party	12 Months Ended
	Jun. 30, 2022 CNY (¥)
Debt Instrument, Periodic Payment	¥ 126,135
Debt Instrument, Interest Rate, Stated Percentage	8.90%
Debt Instrument, Term	10 years

LONG-TERM BORROWINGS DUE TO R_5

LONG-TERM BORROWINGS DUE TO RELATED PARTY - Future maturities (Details) - Related party	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
2023	¥ 999,530	$ 149,234
2024	1,065,921	159,147
2025	1,164,755	173,903
2026	1,272,753	190,028
2027	1,390,765	207,647
Thereafter	616,882	92,103
Total	¥ 6,510,606	$ 972,062	¥ 7,406,617

LONG-TERM BORROWINGS DUE TO R_6

LONG-TERM BORROWINGS DUE TO RELATED PARTY - Additional Information (Details) - Long-term Borrowings	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Interest Expense, Long-term Debt	¥ 617,611	$ 92,212	¥ 693,641	¥ 763,220
Guaranteed or collateralized	¥ 0		¥ 0

CLASS A ORDINARY SHARES (Detail

CLASS A ORDINARY SHARES (Details)								1 Months Ended	12 Months Ended
	Jun. 14, 2021 USD ($) $ / shares shares	Apr. 05, 2021 USD ($) Vote $ / shares shares	Jun. 26, 2020 USD ($) $ / shares shares	May 21, 2020 USD ($) $ / shares shares	Dec. 26, 2019 shares	Dec. 10, 2019 $ / shares shares	Aug. 21, 2018 USD ($) shares	Aug. 21, 2018 CNY (¥) shares	Jun. 30, 2022 CNY (¥) shares	Jun. 30, 2022 USD ($) shares	Jun. 30, 2021 CNY (¥) shares	Jun. 30, 2021 USD ($) $ / shares shares	Jun. 30, 2020 CNY (¥) shares	Jun. 30, 2020 USD ($) shares	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2021 CNY (¥) shares	Apr. 05, 2021 ¥ / shares	Jan. 13, 2021	Dec. 31, 2020	Dec. 10, 2019 ¥ / shares shares	Sep. 21, 2018 $ / shares
Equity [Line Items]
Cost Method Investment Ownership Percentage							43%	43%											43%
Equity Method Investment Ownership Percentage 1							8	8
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures							487,057
Reverse stock split ratio									0.2	0.2
Number of Ordinary Shares called for by warrants				911,112									1,680,000	1,680,000
Gross proceeds | $			$ 2,100,000	$ 2,100,000
Payments of Stock Issuance Costs | $			200,000	300,000
Net proceeds | $			$ 1,900,000	$ 1,700,000
Stock Issued During Period, Value, New Issues											¥ 81,091,141	$ 12,107,272	¥ 25,766,355	$ 3,847,033
Placement agent's fees and other estimated offering expenses									¥ 30,408,264	$ 4,700,000
Percentage Transfer Of Profit To Statutory Reserves									10%	10%
Transfer Of Profit To Statutory Reserves Up to Certain Percentage Of Registered Capital									50%	50%
Appropriated retained earnings									¥ 4,148,929						$ 619,454	¥ 4,148,929
Proceeds from Issuance of Common Stock | ¥											¥ 81,091,141		¥ 26,141,051
Restricted shares
Equity [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures									128,672	128,672	188,662	188,662	250,086	250,086
Additional Paid-in Capital [Member]
Equity [Line Items]
Stock Issued During Period, Value, New Issues | ¥											¥ 77,511,358		¥ 24,065,350
Minimum
Equity [Line Items]
Equity Method Investment Ownership Percentage 1							8	8
Maximum
Equity [Line Items]
Equity Method Investment Ownership Percentage 1							43	43
Class A ordinary shares
Equity [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures								487,057
Reverse stock split ratio						0.2
Ordinary shares, shares authorized		150,000,000							150,000,000						150,000,000	150,000,000
Par value (in dollars per share) | (per share)	$ 0.0925	$ 0.0925	$ 0.0925	$ 0.0925								$ 0.0925			$ 0.0925		¥ 0.62
Number of ordinary share in lieu of the fractional share, the shareholder was entitled to receive					23,049,639
Ordinary shares, shares outstanding					4,611,720				29,700,718						29,700,718	26,868,391
Number of Common Stock to be Issued			1,680,000	911,112
Number of Ordinary Shares called for by warrants	6,014,102		1,680,000	911,112												8,814,102
Authorized share capital | $		$ 15,725,000
Number of votes | Vote		1
Share issuance (in shares)	6,014,102
Class A ordinary shares | Minimum
Equity [Line Items]
Ordinary shares, shares authorized						20,000,000														20,000,000
Par value (in dollars per share) | $ / shares						$ 0.0185
Class A ordinary shares | Maximum
Equity [Line Items]
Ordinary shares, shares authorized						100,000,000														100,000,000
Par value (in dollars per share) | (per share)						$ 0.0925														¥ 0.62
Class B ordinary shares
Equity [Line Items]
Ordinary shares, shares authorized		20,000,000							20,000,000						20,000,000	20,000,000
Par value (in dollars per share) | (per share)		$ 0.0925										$ 0.0925			$ 0.0925		¥ 0.62
Ordinary shares, shares outstanding									4,100,000						4,100,000	0
Authorized share capital | $		$ 1,850,000
Number of votes | Vote		15
Pre-funded warrants
Equity [Line Items]
Number of Ordinary Shares called for by warrants	8,814,102
Gross proceeds | $	$ 55,000,000
Share issuance (in shares)	2,800,000
Future Gas Station (Beijing) Technology, Ltd
Equity [Line Items]
Equity Method Investment Ownership Percentage 1																		51
Payments to Acquire Additional Interest in Subsidiaries							$ 10,000,000	¥ 10,000,000
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures								487,057
Shares Issued, Price Per Share | $ / shares																					$ 6.4375
Future Gas Station (Beijing) Technology, Ltd | Class A ordinary shares
Equity [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures							487,057

CLASS A ORDINARY SHARES - Pre f

CLASS A ORDINARY SHARES - Pre funded warrants (Details) - $ / shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Class of Warrant or Right [Line Items]
Warrants Outstanding	1,470,000
Issued		2,800,000
Exercised	(1,470,000)	(1,330,000)
Warrants Outstanding		1,470,000
Weighted Average Exercise Price Outstanding Per Share	$ 0.01
Issued		$ 0.01
Exercised		0.01
Weighted Average Exercise Price Outstanding Per Share		$ 0.01
Weighted average remaining period, outstanding	0 years	5 years 5 months 15 days	0 years
Pre-funded warrants
Class of Warrant or Right [Line Items]
Exercised	$ 0.01

ORDINARY SHARES PURCHASE WARR_3

ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS (Details)			1 Months Ended	12 Months Ended
	Jun. 26, 2020 item $ / shares shares	May 21, 2020 USD ($) item $ / shares shares	Jun. 30, 2021 USD ($)	Jun. 30, 2022 CNY (¥) Y	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥) Y shares	Jun. 30, 2020 CNY (¥)	Jun. 30, 2022 USD ($) Y	Jun. 30, 2021 USD ($) Y shares	Jun. 14, 2021 Y shares	Jun. 30, 2020 USD ($) $ / shares shares
Class of Warrant or Right [Line Items]
Number of offerings | item	2	2
Number of warrants to purchase ordinary shares | shares		911,112									1,680,000
Exercise price of warrants (in dollars per share) | $ / shares	$ 1.25	$ 2.25									$ 1.25
Fair value of warrants | $		$ 1,689,389						$ 27,030,000	$ 34,860,000		$ 1,639,333
Fair value of the warrant liability				¥ 16,677,328		¥ 190,635,850		$ 2,490,000	$ 29,520,000
Fair value changes of warrants liability				¥ (174,485,575)	$ (26,051,481)	¥ (35,365,792)	¥ 0
Class A ordinary shares
Class of Warrant or Right [Line Items]
Number of warrants to purchase ordinary shares | shares	1,680,000	911,112				8,814,102			8,814,102	6,014,102
Fair value changes of warrants liability | $			$ 5,340,000
Risk-free interest rate
Class of Warrant or Right [Line Items]
Warrants outstanding, measurement input		0.40		3		0.95		3	0.95	0.90	0.35
Warrant life
Class of Warrant or Right [Line Items]
Warrants outstanding, measurement input | Y				4.46		5.46		4.46	5.46	5.50
Warrants and rights outstanding, term		5 years 6 months									5 years 6 months
Volatility
Class of Warrant or Right [Line Items]
Warrants outstanding, measurement input		99.50		109		111		109	111	111	104.26
Expected dividend yield
Class of Warrant or Right [Line Items]
Warrants outstanding, measurement input		0									0

ORDINARY SHARES PURCHASE WARR_4

ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS - Warrant activities (Details) - $ / shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Class of Warrant or Right [Line Items]
Warrants Outstanding	1,470,000
Issued		2,800,000
Exercised	(1,470,000)	(1,330,000)
Warrants Outstanding		1,470,000
Weighted Average Exercise Price Outstanding Per Share	$ 0.01
Issued		$ 0.01
Exercised		0.01
Weighted Average Exercise Price Outstanding Per Share		$ 0.01
Weighted average remaining period, outstanding	0 years	5 years 5 months 15 days	0 years
Warrant [Member]
Class of Warrant or Right [Line Items]
Warrants Outstanding	8,814,102	2,591,112
Issued		8,814,102
Exercised		(2,591,112)
Warrants Outstanding	8,814,102	8,814,102	2,591,112
Weighted Average Exercise Price Outstanding Per Share	$ 6.24	$ 1.25
Issued		6.24
Exercised		1.25
Weighted Average Exercise Price Outstanding Per Share	$ 6.24	$ 6.24	$ 1.25
Weighted average remaining period, outstanding	4 years 5 months 15 days	5 years 5 months 15 days	5 years 6 months

ORDINARY SHARES PURCHASE WARR_5

ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS - Measurement inputs (Details)	Jun. 30, 2022 ¥ / shares Y	Jun. 30, 2021 Y ¥ / shares	Jun. 14, 2021 Y ¥ / shares	Jun. 30, 2020	May 21, 2020
Stock price
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input	0.66	4.33	5.01
Risk-free interest rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input	3	0.95	0.90	0.35	0.40
Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input	109	111	111	104.26	99.50
Exercise price
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input	6.24	6.24	6.24
Warrant life
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input | Y	4.46	5.46	5.50

ORDINARY SHARES PURCHASE WARR_6

ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS - Liabilities (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Liabilities:
Warrant liability	$ 2,490,000	$ 29,520,000
Level 3
Liabilities:
Warrant liability	$ 2,490,000	$ 29,520,000

CONVERTIBLE NOTES PAYABLE (Deta

CONVERTIBLE NOTES PAYABLE (Details)	Jan. 28, 2021 USD ($) shares	Nov. 25, 2020 USD ($) item $ / shares shares	Jun. 30, 2022 $ / shares	Jun. 30, 2021 $ / shares	Jun. 14, 2021 $ / shares	Apr. 05, 2021 $ / shares	Apr. 05, 2021 ¥ / shares	Jun. 26, 2020 $ / shares	May 21, 2020 $ / shares
Class A ordinary shares
Short-term Debt [Line Items]
Ordinary shares, par value (in dollars per share) | (per share)			$ 0.0925	$ 0.0925	$ 0.0925	$ 0.0925	¥ 0.62	$ 0.0925	$ 0.0925
Convertible Notes
Short-term Debt [Line Items]
Interest rate (as a percent)		12%
Term of debt		6 months
Number of equal monthly payments to pay principal and interest on debt | item		6
Convertible Notes | Class A ordinary shares
Short-term Debt [Line Items]
Aggregate principal amount | $		$ 6,485,000
Ordinary shares, par value (in dollars per share) | $ / shares		$ 0.0925
Conversion price per ordinary share (in dollars per share) | $ / shares		$ 0.71
Maximum number of shares issuable | shares		9,466,137
Shares issued upon conversion (in shares) | shares	9,225,338
Principal and interests amount of debt converted | $	$ 6,549,990

SHARE-BASED COMPENSATION (Detai

SHARE-BASED COMPENSATION (Details) - $ / shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
SHARE-BASED COMPENSATION
Stock Options, Shares, Outstanding at Beginning	109,520	109,520
Stock Options, Shares, Granted	0	0
Forfeited	(29,520)	0
Stock Option, Shares, Exercised	0	0
Stock Option, Shares, Expired	0	0
Stock Options, Shares, Outstanding at Ending	80,000	109,520
Stock Options, Weighted Average Exercise Price Per share, Outstanding at Beginning	$ 10.02	$ 10.02
Stock Options, Weighted Average Exercise Price Per share, Granted	0	0
Stock Options, Weighted Average Exercise Price Per share, Forfeited	14.80	0
Stock Options, Weighted Average Exercise Price Per share, Exercised	0	0
Stock Options, Weighted Average Exercise Price Per share, Expired	0	0
Stock Options, Weighted Average Exercise Price Per share, Outstanding at Ending	$ 8.25	$ 10.02

SHARE-BASED COMPENSATION - Opti

SHARE-BASED COMPENSATION - Option outstanding (Details)	12 Months Ended
	Jun. 30, 2022 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Number (in shares)	80,000
Exercisable Options, Average Remaining Contractual life (years)	6 months 7 days
Stock Option One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Average Exercise Price | $ / shares	$ 8.25
Outstanding Options, Number (in shares)	80,000
Outstanding Options, Average Remaining Contractual life (Years)	2 years 7 months 2 days
Exercisable Options, Average Exercise Price | $ / shares	$ 8.25
Exercisable Options, Number (in shares)	80,000
Exercisable Options, Average Remaining Contractual life (years)	2 years 7 months 2 days

SHARE-BASED COMPENSATION - Rest

SHARE-BASED COMPENSATION - Restricted shares (Details) - shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Options, Shares, Granted	0	0
Restricted shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, Beginning Balance - Shares	130,400	320,800
Stock Options, Shares, Granted	7,292,331	0
Vested - Shares	(5,255,400)	(190,400)
Non-vested, Ending Balance - Shares	2,167,331	130,400

SHARE-BASED COMPENSATION - Stat

SHARE-BASED COMPENSATION - Status of restricted stock (Details) - Restricted shares	12 Months Ended
	Jun. 30, 2022 $ / shares shares
Outstanding Restricted Shares, Number	2,167,331
Fair Value per Share 1.04
Outstanding Restricted Shares, Number	1,642,331
Outstanding Restricted Shares, Average Remaining Amortization Period (Years)	2 years 8 months 1 day
Outstanding Restricted Shares, Fair Value per Share | $ / shares	$ 1.04
Fair Value per Share 1.29
Outstanding Restricted Shares, Number	525,000
Outstanding Restricted Shares, Average Remaining Amortization Period (Years)	6 months 7 days
Outstanding Restricted Shares, Fair Value per Share | $ / shares	$ 1.29

SHARE-BASED COMPENSATION - Addi

SHARE-BASED COMPENSATION - Additional Information (Details)							1 Months Ended	12 Months Ended
	Feb. 28, 2022 USD ($) $ / shares shares	Dec. 05, 2021 USD ($) $ / shares shares	Nov. 10, 2021 shares	Aug. 27, 2018 USD ($) shares	Aug. 21, 2018 USD ($) $ / shares shares	Oct. 13, 2017 USD ($) $ / shares shares	Aug. 21, 2018 $ / shares shares	Jun. 30, 2022 CNY (¥) shares	Jun. 30, 2022 USD ($) shares	Jun. 30, 2021 CNY (¥) shares	Jun. 30, 2021 USD ($) shares	Jun. 30, 2020 CNY (¥) shares	Jun. 30, 2020 USD ($) shares	Jan. 05, 2022 $ / shares	Dec. 31, 2021 $ / shares	Dec. 10, 2021 $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation | $									$ 1,334,173		$ 1,334,173		$ 1,334,173
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross								0	0	0	0
Exercisable Options, Average Remaining Contractual life (years)								6 months 7 days	6 months 7 days
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture					487,057
Exercise price (per share) | $ / shares														$ 1.29
Class A ordinary shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture							487,057
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock or Unit Option Plan Expense | ¥								¥ 0		¥ 0		¥ 0
Share-based compensation | $									$ 0
Restricted shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock or Unit Option Plan Expense								¥ 39,263,485	$ 5,862,215	¥ 6,140,037		¥ 7,944,835
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross								7,292,331	7,292,331	0	0
Restricted stock closing price | $ / shares																$ 1.60
Restricted shares issued for services (in shares)						180,000
Outstanding Restricted Shares, Number								2,167,331	2,167,331
Shares outstanding										0	0	0	0
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeiture								128,672	128,672	188,662	188,662	250,086	250,086
Restricted shares | Employees And Non Employee Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock closing price | $ / shares						$ 5.11
Restricted shares | Senior Manager
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation | $									$ 1,500,000
Shares outstanding										188,662	188,662	250,086	250,086
Outstanding Restricted Shares, Average Remaining Amortization Period (Years)								2 years 8 months 1 day	2 years 8 months 1 day
Restricted shares | Senior Manager | Class A ordinary shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding								128,672	128,672
Restricted shares | Senior Manager | Class B ordinary shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding								4,100,000	4,100,000
Restricted shares | Management
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation | ¥								¥ 10,200,000
Share-based compensation arrangement by share-based payment award, equity instruments other than options, vested in period, fair value | $	$ 1,694,000	$ 4,175,000
Restricted stock closing price | $ / shares	$ 1.06	$ 1.67
Granted during the period	1,600,000	2,500,000
Restricted shares | August 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, equity instruments other than options, vested in period, fair value | $	$ 1,708,024				$ 2,523,240
Restricted stock closing price | $ / shares	$ 1.04				$ 6.45		$ 6.45
Granted during the period					391,200		1,642,331
Restricted shares | August 2018 | Independent Company
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares issued				1,050,000
Stock issued value for services | $				$ 1,354,500
Restricted Class A Ordinary Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock or Unit Option Plan Expense | ¥								8,935,920		¥ 0		¥ 33,927
Share-based compensation								¥ 4,500,000	$ 700,000
Restricted shares issued for services (in shares)			500,000
Shares outstanding								1,550,000	1,550,000	0	0	0	0
Restricted Class A Ordinary Shares | Independent Company
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock closing price | $ / shares															$ 1.31
Restricted Class A Ordinary Shares | Employees And Non Employee Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, equity instruments other than options, vested in period, fair value | $						$ 919,800

INCOME TAX - Income (loss) befo

INCOME TAX - Income (loss) before provision for income taxes (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
INCOME TAX
Outside China areas	¥ 113,741,972	$ 16,982,188	¥ 4,011,449	¥ (10,160,525)
China	(20,066,451)	(2,996,011)	(30,402,528)	(9,679,757)
Total	¥ 93,675,521	$ 13,986,177	¥ (26,391,079)	¥ (19,840,282)

INCOME TAX - Deferred tax asset

INCOME TAX - Deferred tax assets and liabilities, net (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Deferred tax assets:
Allowance for credit losses	¥ 1,781,573	$ 265,997	¥ 2,137,968
Impairment for inventory	59,913	8,945	160,791
Net operating loss carryforwards	16,511,047	2,465,175	15,741,037
Subtotal	18,352,533	2,740,117	18,039,796
Less: Valuation allowance	(17,193,874)	(2,567,124)	(17,427,464)
Total deferred tax assets	1,158,659	172,993	612,332
Deferred tax liabilities:
Accelerated amortization of intangible assets	(119,271)	(17,808)	(92,032)
Gain on the previously held equity method investment	(146,888)	(21,931)	(146,888)
Recognition of customer relationship arising from business combinations	(892,500)	(133,254)	(997,500)
Total deferred tax liabilities	(1,158,659)	(172,993)	(1,236,420)
Deferred tax liabilities, net	¥ 0	$ 0	¥ (624,088)

INCOME TAX - NOL expiration (De

INCOME TAX - NOL expiration (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
INCOME TAX
2023	¥ 13,146,922	$ 1,962,895
2024	10,484,902	1,565,443
2025	19,617,124	2,928,925
2026	32,533,742	4,857,434
2027	18,769,899	2,802,430
Total	¥ 94,552,589	$ 14,117,127	¥ 91,400,000

INCOME TAX - Reconciliation of

INCOME TAX - Reconciliation of income tax expense (benefit) (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
INCOME TAX
Income tax (benefits) expenses calculated at PRC statutory rates	¥ 23,418,880	$ 3,496,544	¥ (6,597,770)	¥ (4,960,454)
Nondeductible expenses and others	263,655	39,365	338,058	232,213
Effect of tax rate differential	(24,061,020)	(3,592,418)	626,245	2,008,824
Benefit of revenue exempted from enterprise income tax	(1,799)	(269)	(57,250)	(266,548)
Change in valuation allowances	(233,590)	(34,876)	5,264,804	3,268,287
Tax refund	0	0	(98,338)	0
Income tax expenses (benefit)	¥ (613,874)	$ (91,654)	¥ (524,251)	¥ 282,322

INCOME TAX - Income tax expense

INCOME TAX - Income tax expense (benefit) (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
INCOME TAX
Current income tax provision (benefit)	¥ 10,214	$ 1,525	¥ (98,338)	¥ 282,322
Deferred income tax benefit	(624,088)	(93,179)	(425,913)	0
Income tax expenses (benefit)	¥ (613,874)	$ (91,654)	¥ (524,251)	¥ 282,322

INCOME TAX - Additional Informa

INCOME TAX - Additional Information (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	25%	25%
Cumulative net operating loss	¥ 94,552,589		$ 14,117,127	¥ 91,400,000
Net operating loss expired	28,100,000	$ 4,200,000
Additional NOL incurred by VIEs and VIEs' subsidiaries	31,900,000	4,800,000
Utilized NOL incurred by VIEs and VIEs' subsidiaries	600,000	100,000
Tax benefit in relation to the utilization of the NOL	¥ 158,062	$ 23,599
Nanjing Recon Technology Co Ltd [Member]
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	15%	15%
Beijing Bhd Petroleum Technology Co Ltd [Member]
Income Taxes [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate	15%	15%

NON-CONTROLLING INTEREST (Detai

NON-CONTROLLING INTEREST (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Noncontrolling Interest [Line Items]
Paid-in capital	¥ 496,038,696		¥ 479,490,763		$ 74,060,807
Accumulated other comprehensive income (loss)	11,307,461		1,974,836		1,688,255
Total non-controlling interests	(7,746,968)		(7,579,568)		(1,156,656)
Capital contribution received	0	$ 0	50,000	¥ 405,000
Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	6,656,000		6,656,000		993,771	$ 1,046,308
Capital contribution receivable due from non-controlling Interest	(48,870,000)		(50,000,000)		(7,296,511)	(7,859,883)
Unappropriated retained earnings (deficit)	(292,265)		1,005,135		(43,635)	158,005
Accumulated other comprehensive income (loss)	(30,703)		(30,703)		(4,584)	(4,826)
Valuation increase shared by minority shareholders	34,790,000		34,790,000		5,194,303	5,468,906
Total non-controlling interests	(7,746,968)		(7,579,568)		(1,156,656)	$ (1,191,490)
BHD | Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	1,651,000		1,651,000
Unappropriated retained earnings (deficit)	3,477,493		3,477,493
Accumulated other comprehensive income (loss)	(18,850)		(18,850)
Total non-controlling interests	5,109,643		5,109,643
Nanjing Recon | Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	200,000		200,000
Unappropriated retained earnings (deficit)	3,616,001		3,616,002
Accumulated other comprehensive income (loss)	(11,853)		(11,853)
Total non-controlling interests	3,804,148		3,804,149
Gan Su BHD [Member]
Noncontrolling Interest [Line Items]
Capital contribution received	0		50,000	¥ 405,000
Gan Su BHD [Member] | Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	4,805,000		4,805,000
Capital contribution receivable due from non-controlling Interest	0
Unappropriated retained earnings (deficit)	(4,972,129)		(4,106,883)
Accumulated other comprehensive income (loss)	0
Valuation increase shared by minority shareholders	0
Total non-controlling interests	(167,129)		698,117
Qinghai BHD [Member] | Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Paid-in capital	0
Capital contribution receivable due from non-controlling Interest	0
Unappropriated retained earnings (deficit)	(1,520,225)		(1,442,443)
Accumulated other comprehensive income (loss)	0
Valuation increase shared by minority shareholders	0
Total non-controlling interests	(1,520,225)		(1,442,443)
Future Gas Station (Beijing) Technology, Ltd
Noncontrolling Interest [Line Items]
Capital contribution receivable due from non-controlling Interest	(48,870,000)		(50,000,000)		$ 7,296,511
Capital contribution received	1,130,000	$ 168,714
Future Gas Station (Beijing) Technology, Ltd | Non-controlling Interest [Member]
Noncontrolling Interest [Line Items]
Capital contribution receivable due from non-controlling Interest	(48,870,000)		(50,000,000)
Unappropriated retained earnings (deficit)	(893,405)		(539,034)
Valuation increase shared by minority shareholders	34,790,000		34,790,000
Total non-controlling interests	¥ (14,973,405)		¥ (15,749,034)

CONCENTRATIONS (Details)

CONCENTRATIONS (Details) $ in Millions	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020	Jun. 30, 2022 USD ($)	Jun. 30, 2022 HKD ($)
China
Concentration Risk [Line Items]
Cash was on deposit at financial institutions	¥ 20,300,000	¥ 18,800,000		$ 3
Maximum insured bank deposit | ¥	500,000
Unprotected cash held in banks	17,800,000	16,300,000		2.7
Hong Kong
Concentration Risk [Line Items]
Cash was on deposit at financial institutions	297,200,000	325,100,000		44.4
Maximum insured bank deposit | $					$ 500,000
Unprotected cash held in banks	¥ 296,800,000	¥ 324,700,000		$ 44.3
China National Petroleum Corporation | Customer concentration | Sales revenue
Concentration Risk [Line Items]
Concentration risk, percentage	50%	39%	39%
China National Petroleum Corporation | Customer concentration | Accounts Receivable
Concentration Risk [Line Items]
Concentration risk, percentage	49%	29%	36%
SINOPEC | Customer concentration | Sales revenue
Concentration Risk [Line Items]
Concentration risk, percentage	28%	22%
SINOPEC | Customer concentration | Accounts Receivable
Concentration Risk [Line Items]
Concentration risk, percentage	22%	13%
Another Customer | Customer One | Sales revenue
Concentration Risk [Line Items]
Concentration risk, percentage			31%
Another Customer | Customer One | Accounts Receivable
Concentration Risk [Line Items]
Concentration risk, percentage		19%	11%
Another Customer | Customer Two | Sales revenue
Concentration Risk [Line Items]
Concentration risk, percentage			17%
Another Customer | Customer Two | Accounts Receivable
Concentration Risk [Line Items]
Concentration risk, percentage		14%	10%
Another Customer | Customer concentration | Sales revenue
Concentration Risk [Line Items]
Concentration risk, percentage	10%
Another Customer | Customer concentration | Accounts Receivable
Concentration Risk [Line Items]
Concentration risk, percentage	14%

COMMITMENTS AND CONTINGENCY - P

COMMITMENTS AND CONTINGENCY - Purchase commitment (Details) - Jun. 30, 2022 - Purchase Commitment	CNY (¥)	USD ($)
Other Commitment, Fiscal Year Maturity [Abstract]
2023	¥ 26,967,803	$ 4,026,414
2024	300,000	44,791
2025	300,000	44,791
2026	150,000	22,396
Thereafter	0	0
Total minimum payments required	¥ 27,717,803	$ 4,138,392

COMMITMENTS AND CONTINGENCY - O

COMMITMENTS AND CONTINGENCY - Office Leases Commitment - short term (Details) - Jun. 30, 2022	CNY (¥)	USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Total lease payments	¥ 6,295,576	$ 939,958
Office Leases Commitment
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2023	549,219	82,001
Total lease payments	¥ 549,219	$ 82,001

COMMITMENTS AND CONTINGENCY - A

COMMITMENTS AND CONTINGENCY - Additional Information (Details) ¥ in Thousands	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Dec. 01, 2021 CNY (¥)	Dec. 01, 2021 USD ($)
Commitment and Contingencies [Line Items]
Severance Costs	¥ 7,100	$ 1,100,000
Legal contingencies
Commitment and Contingencies [Line Items]
Restricted cash balance				¥ 700	$ 100,000
Trade accounts payable due	1,820		$ 271,734
Amount of damages claimed	¥ 2,000	$ 300,000

RELATED PARTY TRANSACTIONS AN_3

RELATED PARTY TRANSACTIONS AND BALANCES - Sales to a related party (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Related Party Transaction [Line Items]
Total revenues from a related party	¥ 0	$ 0	¥ 85,657	¥ 0
Urumqi Yikeli Automatic Control Equipment Co., Ltd.
Related Party Transaction [Line Items]
Total revenues from a related party	¥ 0	$ 0	¥ 85,657	¥ 0

RELATED PARTY TRANSACTIONS AN_4

RELATED PARTY TRANSACTIONS AND BALANCES - Prepaid expenses (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Related Party Transaction [Line Items]
Total prepaid expenses - related parties	¥ 275,000	$ 41,059	¥ 433,000
Founders
Related Party Transaction [Line Items]
Total prepaid expenses - related parties	¥ 275,000	$ 41,059	363,000
Founder Family Member
Related Party Transaction [Line Items]
Total prepaid expenses - related parties			¥ 70,000

RELATED PARTY TRANSACTIONS AN_5

RELATED PARTY TRANSACTIONS AND BALANCES - Leases from related parties (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)
Monthly Payment
Operating Leases annual rental expense	¥ 1,300,000	$ 200,000
Nanjing Recon | Founder one
Lessee, Operating Lease, Period of Contract	April 1, 2022 - March 31, 2024	April 1, 2022 - March 31, 2024
Nanjing Recon | Founder one | Monthly Payment
Operating Leases annual rental expense	¥ 40,000	$ 5,972
BHD | Founder two
Lessee, Operating Lease, Period of Contract	January 1, 2022- Dec 31, 2022	January 1, 2022- Dec 31, 2022
BHD | Founder two | Monthly Payment
Operating Leases annual rental expense	¥ 31,667	$ 4,728
BHD | Founder three
Lessee, Operating Lease, Period of Contract	January 1, 2022 - Dec 31, 2022	January 1, 2022 - Dec 31, 2022
BHD | Founder three | Monthly Payment
Operating Leases annual rental expense	¥ 22,500	$ 3,359
BHD | Founders' family member
Lessee, Operating Lease, Period of Contract	January 1, 2022 - Dec 31, 2022	January 1, 2022 - Dec 31, 2022
BHD | Founders' family member | Monthly Payment
Operating Leases annual rental expense	¥ 16,667	$ 2,488

RELATED PARTY TRANSACTIONS AN_6

RELATED PARTY TRANSACTIONS AND BALANCES - Additional Information (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Related Party Transaction [Line Items]
Rights of use lease assets, net	¥ 5,440,590		$ 812,305	¥ 7,925,930
Operating Lease, liabilities	6,077,409		907,385	7,018,933
Monthly Payment
Related Party Transaction [Line Items]
Annual rental expense	1,300,000	$ 200,000
Related Party
Related Party Transaction [Line Items]
Rights of use lease assets, net	765,241		114,254	352,775
Operating Lease, liabilities	765,241		$ 114,254	¥ 352,775
Related Party | Monthly Payment
Related Party Transaction [Line Items]
Annual rental expense	¥ 110,834	$ 16,547

VARIABLE INTEREST ENTITIES (Det

VARIABLE INTEREST ENTITIES (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Current assets
Cash	¥ 317,000,000	$ 47,300,000	¥ 343,998,570
Notes receivable	10,828,308	1,616,715	6,305,633
Trade accounts receivable, net	22,577,980	3,370,994	26,686,888
Inventories, net	3,894,369	581,447	3,644,522
Other receivables, net	5,501,833	821,448	6,939,676
Loans to third parties	50,383,822	7,522,532	50,476,782
Purchase advances, net	178,208	26,607	1,078,137
Contract costs, net	33,858,820	5,055,274	48,795,906
Prepaid expenses	420,284	62,750	146,071
Prepaid expenses - related parties	275,000	41,059	433,000
Total current assets	445,617,041	66,532,628	488,505,185
Property and equipment, net	25,474,162	3,803,407	27,138,768
Land use right, net	1,226,169	183,073	1,253,408
Equity Method Investments			27,931,795
Long-term other receivables, net	1,564,381	233,569	114,679
Goodwill	4,730,002	706,211	6,996,895
Rights of use assets	5,440,590	812,305	7,925,930
Total Assets	490,242,084	73,195,349	566,516,660
Current liabilities
Short-term bank loan	10,000,000	1,493,045	15,000,000
Trade accounts payable	16,739,989	2,499,356	21,956,481
Other payable	3,533,918	527,630	9,862,762
Other payable- related parties	2,240,135	334,462	2,400,667
Accrued payroll and employees' welfare	2,250,547	336,017	1,954,484
Taxes payable	2,210,958	330,106	1,248,994
Short-term borrowings			530,000
Short-term borrowings - related parties	9,009,156	1,345,107	12,676,042
Operating lease liabilities - current	3,892,774	581,209	2,226,832
Total Current Liabilities	52,878,284	7,894,966	76,462,604
Operating lease liabilities - non-current	2,184,635	326,176	4,792,101
Deferred tax liability			624,088
Total Liabilities	77,357,323	11,549,796	279,001,194
VIE
Current assets
Cash	18,033,666	2,584,476	4,293,380
Restricted cash	723,560	108,031	0
Notes receivable	10,828,308	1,616,715	6,305,633
Trade accounts receivable, net	22,577,980	3,370,994	24,762,732
Inventories, net	3,894,369	581,447	3,644,522
Other receivables, net	5,500,981	821,321	5,988,641
Loans to third parties	30,270,563	4,519,531	1,350,000
Purchase advances, net	178,208	26,607	1,078,137
Contract costs, net	33,858,820	5,055,274	48,795,906
Prepaid expenses	165,120	24,653	0
Prepaid expenses - related parties	275,000	41,059	433,000
Total current assets	126,306,575	18,750,108	96,651,951
Property and equipment, net	25,474,162	3,803,407	27,138,768
Land use right, net	1,226,169	183,073	1,253,408
Customer relationship	5,950,000	888,362	6,650,000
Long-term other receivables, net	1,564,381	233,569	114,679
Goodwill	4,730,002	706,211	6,996,895
Rights of use assets	5,440,590	812,305	7,925,930
Total Assets	170,931,618	25,412,829	146,731,631
Current liabilities
Short-term bank loan	10,000,000	1,493,045	15,000,000
Trade accounts payable	12,826,108	1,914,996	18,182,770
Other payable	1,469,761	219,442	2,096,830
Other payable- related parties	1,061,081	158,424	1,253,797
Advance from customers	2,107,277	314,626	7,686,276
Accrued payroll and employees' welfare	1,213,040	181,112	1,565,898
Intercompany payables	194,373,010	29,020,764	123,331,367
Taxes payable	2,211,190	330,141	1,249,052
Short-term borrowings	0	0	530,000
Short-term borrowings - related parties	9,009,156	1,345,107	12,676,042
Long-term borrowings - related party - current portion	999,530	149,234	920,066
Operating lease liabilities - current	3,892,774	581,209	2,226,832
Total Current Liabilities	239,162,927	35,708,100	186,718,930
Operating lease liabilities - non-current	2,184,635	326,176	4,792,101
Long-term borrowings - related party	5,511,076	822,828	6,486,551
Deferred tax liability	187,972	28,065	624,088
Total Liabilities	247,046,610	36,885,169	198,621,670
Related party
Current liabilities
Long-term borrowings - related party - current portion	999,530	149,234	920,066
Long-term borrowings - related party	¥ 5,511,076	$ 822,828	¥ 6,486,551

VARIABLE INTEREST ENTITIES - Ad

VARIABLE INTEREST ENTITIES - Additional Information (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Variable Interest Entity [Line Items]
Revenues	¥ 83,777,571	$ 12,508,368	¥ 47,938,575	¥ 65,760,651
Operating expenses	101,738,154	15,189,964	68,793,976	39,783,428
Net income (loss)	(95,586,795)	(14,271,539)	22,832,734	19,246,701
VIE
Variable Interest Entity [Line Items]
Revenues	83,777,571	12,508,368	47,817,378	45,681,441
Operating expenses	35,725,237	5,333,938	36,704,840	25,769,990
Net income (loss)	¥ 18,180,305	$ 2,714,401	¥ 29,407,210	¥ 10,089,768

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥) segment	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Number of operating segments	4	4
Total revenue	¥ 83,777,571	$ 12,508,368	¥ 47,938,575	¥ 65,760,651
Automation product and software
Total revenue	31,944,055	4,769,390	18,535,166	51,413,830
Equipment and accessories
Total revenue	17,159,381	2,561,973	15,791,623	14,222,623
Oilfield environmental protection
Total revenue	25,335,363	3,782,684	11,043,979	124,198
Platform outsourcing services
Total revenue	¥ 9,338,772	$ 1,394,321	¥ 2,567,807	¥ 0

SEGMENT REPORTING - Company's r

SEGMENT REPORTING - Company's revenue (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Revenues	¥ 83,777,571	$ 12,508,368	¥ 47,938,575	¥ 65,760,651
Cost of revenue and related tax	64,352,834	9,608,167	40,723,547	46,154,255
Gross profit	19,424,737	2,900,201	7,215,028	19,606,396
Depreciation and amortization	3,339,868	498,657	3,150,789	1,609,700
Total capital expenditures	999,652		522,416	3,868,886
Goods transferred at a point in time
Revenues	74,222,033		46,549,014	25,093,924
Services rendered over time
Revenues	9,555,538		1,389,561	40,666,727
Automation product and software
Revenues	31,944,055	4,769,390	18,535,166	51,413,830
Cost of revenue and related tax	29,824,014		19,942,541	38,257,914
Gross profit	2,120,041		(1,407,375)	13,155,916
Depreciation and amortization	421,619		277,496	98,756
Total capital expenditures	14,823		26,761	85,975
Automation product and software | Goods transferred at a point in time
Revenues	31,944,055		18,535,166	10,871,301
Automation product and software | Services rendered over time
Revenues			0	40,542,529
Equipment and accessories
Revenues	17,159,381	2,561,973	15,791,623	14,222,623
Cost of revenue and related tax	10,479,615		11,264,971	7,683,662
Gross profit	6,679,766		4,526,652	6,538,961
Depreciation and amortization	814,960		851,612	683,522
Total capital expenditures	21,456		136,224	0
Equipment and accessories | Goods transferred at a point in time
Revenues	17,159,381		15,791,623	14,222,623
Equipment and accessories | Services rendered over time
Revenues			0	0
Oilfield environmental protection
Revenues	25,335,363	3,782,684	11,043,979	124,198
Cost of revenue and related tax	20,222,446		8,045,567	212,679
Gross profit	5,112,917		2,998,412	(88,481)
Depreciation and amortization	2,045,601		2,000,952	827,422
Total capital expenditures	768,795		315,944	3,782,911
Oilfield environmental protection | Goods transferred at a point in time
Revenues	15,779,825		9,654,418	0
Oilfield environmental protection | Services rendered over time
Revenues	9,555,538		1,389,561	124,198
Platform outsourcing services
Revenues	9,338,772	$ 1,394,321	2,567,807	0
Cost of revenue and related tax	3,826,759		1,470,468	0
Gross profit	5,512,013		1,097,339	0
Depreciation and amortization	57,688		20,729	0
Total capital expenditures	194,578		43,487	0
Platform outsourcing services | Goods transferred at a point in time
Revenues	9,338,772		2,567,807	0
Platform outsourcing services | Services rendered over time
Revenues	¥ 0		¥ 0	¥ 0

SEGMENT REPORTING - Total asset

SEGMENT REPORTING - Total assets (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)
Total assets:
Total Assets	¥ 490,242,084	$ 73,195,349	¥ 566,516,660
Automation product and software
Total assets:
Total Assets	147,377,607	22,004,142	156,435,379
Equipment and accessories
Total assets:
Total Assets	149,876,933	22,377,300	160,299,200
Oilfield environmental protection
Total assets:
Total Assets	107,755,500	16,088,380	139,326,144
Platform outsourcing services
Total assets:
Total Assets	¥ 85,232,044	$ 12,725,527	¥ 110,455,937

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - CNY (¥)		12 Months Ended
	Nov. 10, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 14, 2021	Jun. 26, 2020	May 21, 2020
Subsequent Event [Line Items]
Number of warrants issued		2,800,000
Number of warrants to purchase ordinary shares			1,680,000			911,112
Gross proceeds from warrants exercises		¥ 21,130,035	¥ 0
Pre-funded warrants
Subsequent Event [Line Items]
Number of warrants to purchase ordinary shares				8,814,102
Class A ordinary shares
Subsequent Event [Line Items]
Number of warrants to purchase ordinary shares		8,814,102		6,014,102	1,680,000	911,112
Starry | Class A ordinary shares
Subsequent Event [Line Items]
Number of shares issued	500,000

SUBSEQUENT EVENTS - Compensatio

SUBSEQUENT EVENTS - Compensation Committee (Details)	12 Months Ended
	Jun. 30, 2021 CNY (¥)	Jun. 30, 2021 USD ($)	Jun. 30, 2020 CNY (¥)	Jun. 30, 2020 USD ($)
SUBSEQUENT EVENTS
Fair value of shares issued	¥ 81,091,141	$ 12,107,272	¥ 25,766,355	$ 3,847,033

SUBSEQUENT EVENTS - Plan to the

SUBSEQUENT EVENTS - Plan to the employees (Details) - shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
SUBSEQUENT EVENTS
Stock Options, Shares, Granted	0	0

CONDENSED FINANCIAL INFORMATI_3

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Additional Information (Details)	Jun. 30, 2022
VIE | Maximum
Condensed financial information of the parent company
Percent of consolidated net assets	25%

CONDENSED FINANCIAL INFORMATI_4

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Parent company balance sheets (Details)	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2021 USD ($)	Jun. 30, 2020 CNY (¥)	Jun. 30, 2019 CNY (¥)
Total assets:
Cash	¥ 317,000,000	$ 47,300,000	¥ 343,998,570
Total current assets	445,617,041	66,532,628	488,505,185
Non-current assets
Investment in unconsolidated entity			27,931,795
Total Assets	490,242,084	73,195,349	566,516,660
LIABILITIES AND SHAREHOLDERS' EQUITY
Other current liabilities	3,533,918	527,630	9,862,762
Total Current Liabilities	52,878,284	7,894,966	76,462,604
Total Liabilities	77,357,323	11,549,796	279,001,194
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY
Additional paid-in capital	496,038,696	74,060,807	479,490,763
Accumulated deficit	(111,273,525)	(16,613,637)	(206,860,320)
Accumulated other comprehensive income (loss)	11,307,461	1,688,255	1,974,836
Total shareholders' equity	420,631,729	62,802,209	295,095,034
Total Liabilities and Equity	490,242,084	73,195,349	566,516,660
Class A ordinary shares
SHAREHOLDERS' EQUITY
Common stock value	18,001,670	2,687,730	16,340,826
Class B ordinary shares
SHAREHOLDERS' EQUITY
Common stock value	2,408,498	359,600
RECON TECHNOLOGY, LTD
Total assets:
Cash	296,838,959	44,319,391	325,116,815	$ 48,541,402	¥ 22,238,980	¥ 1,108,595
Due from intercompanies	205,224,961	30,641,009	142,741,114
Other current assets	20,364,424	3,040,500	52,136,194
Total current assets	522,428,344	78,000,900	519,994,123
Non-current assets
Investment in subsidiaries and VIEs	(77,566,835)	(11,581,077)	(49,551,884)
Investment in unconsolidated entity			27,931,795
Total Assets	444,861,509	66,419,823	498,374,034
LIABILITIES AND SHAREHOLDERS' EQUITY
Other current liabilities	7,552,452	1,127,615	12,643,150
Total Current Liabilities	7,552,452	1,127,615	12,643,150
Warrant liability	16,677,328	2,490,000	190,635,850
Total Liabilities	24,229,780	3,617,615	203,279,000
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY
Additional paid-in capital	496,038,696	74,060,807	479,490,763
Accumulated deficit	(107,124,596)	(15,994,184)	(202,711,391)
Accumulated other comprehensive income (loss)	11,307,461	1,688,255	1,974,836
Total shareholders' equity	420,631,729	62,802,208	295,095,034
Total Liabilities and Equity	444,861,509	66,419,823	498,374,034
RECON TECHNOLOGY, LTD | Class A ordinary shares
SHAREHOLDERS' EQUITY
Common stock value	18,001,670	2,687,730	¥ 16,340,826
RECON TECHNOLOGY, LTD | Class B ordinary shares
SHAREHOLDERS' EQUITY
Common stock value	¥ 2,408,498	$ 359,600

CONDENSED FINANCIAL INFORMATI_5

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Parent company balance sheets - Additional information (Details)	Jun. 30, 2022 $ / shares shares	Jun. 30, 2021 $ / shares shares	Jun. 14, 2021 $ / shares	Apr. 05, 2021 $ / shares shares	Apr. 05, 2021 ¥ / shares shares	Jun. 26, 2020 $ / shares	May 21, 2020 $ / shares	Dec. 26, 2019 shares
Class A ordinary shares
Parent company balance sheets
Ordinary shares, par value (in dollars per share) | (per share)	$ 0.0925	$ 0.0925	$ 0.0925	$ 0.0925	¥ 0.62	$ 0.0925	$ 0.0925
Ordinary shares, shares authorized	150,000,000	150,000,000		150,000,000	150,000,000
Ordinary shares, shares issued	29,700,718	26,868,391
Ordinary shares, shares outstanding	29,700,718	26,868,391						4,611,720
Class A ordinary shares | RECON TECHNOLOGY, LTD
Parent company balance sheets
Ordinary shares, par value (in dollars per share) | $ / shares	$ 0.0925	$ 0.0925
Ordinary shares, shares authorized	150,000,000	150,000,000
Ordinary shares, shares issued	27,180,718	26,868,391
Ordinary shares, shares outstanding	27,180,718	26,868,391
Class B ordinary shares
Parent company balance sheets
Ordinary shares, par value (in dollars per share) | (per share)	$ 0.0925	$ 0.0925		$ 0.0925	¥ 0.62
Ordinary shares, shares authorized	20,000,000	20,000,000		20,000,000	20,000,000
Ordinary shares, shares issued	4,100,000	0
Ordinary shares, shares outstanding	4,100,000	0
Class B ordinary shares | RECON TECHNOLOGY, LTD
Parent company balance sheets
Ordinary shares, par value (in dollars per share) | $ / shares	$ 0.0925	$ 0.0925
Ordinary shares, shares authorized	20,000,000	20,000,000
Ordinary shares, shares issued	2,500,000	0
Ordinary shares, shares outstanding	2,500,000	0

CONDENSED FINANCIAL INFORMATI_6

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Parent company statements of operations and comprehensive loss (Details)	12 Months Ended
	Jun. 30, 2022 CNY (¥)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 CNY (¥)	Jun. 30, 2020 CNY (¥)
Parent Company Statements Of Operations And Comprehensive Loss
Revenues	¥ 83,777,571	$ 12,508,368	¥ 47,938,575	¥ 65,760,651
Cost of revenues	64,352,834	9,608,167	40,723,547	46,154,255
Gross profit	19,424,737	2,900,201	7,215,028	19,606,396
General and administrative expenses	83,281,958	12,434,371	45,949,157	26,120,099
Provision of (net recovery of) credit losses	(658,823)	(98,365)	8,191,247	2,203,531
Loss from operations	82,313,417	12,289,763	61,578,948	20,177,032
Fair value changes of warrants liability	174,485,575	26,051,481	35,365,792	0
Other income (loss)	15,855	2,367	192,137	78,417
Net income (loss)	94,289,395	14,077,831	(25,866,828)	(20,122,604)
FOREIGN CURRENCY TRANSLATION ADJUSTMENTS
Foreign currency translation adjustment	9,332,625	1,393,403	(850,895)	(84,205)
Comprehensive income (loss) attributable to Recon Technology, Ltd	104,919,420	15,664,942	(23,683,629)	(19,330,906)
RECON TECHNOLOGY, LTD
Parent Company Statements Of Operations And Comprehensive Loss
Revenues			121,197	20,079,210
Cost of revenues			97,024	16,063,368
Gross profit			24,173	4,015,842
General and administrative expenses	62,918,622	9,394,033	29,502,464	13,337,810
Provision of (net recovery of) credit losses	1,923,382	287,170	1,933,986
Loss from operations	(64,842,004)	(9,681,203)	(31,412,277)	(9,321,968)
Fair value changes of warrants liability	174,485,575	26,051,481	35,365,792
Other income (loss)	4,105,116	612,913	320,235	(1,298,039)
Equity in loss of subsidiaries, VIEs and VIEs' subsidiaries	(18,161,892)	(2,711,652)	(27,106,484)	(8,626,694)
Net income (loss)	95,586,795	14,271,539	(22,832,734)	(19,246,701)
FOREIGN CURRENCY TRANSLATION ADJUSTMENTS
Foreign currency translation adjustment	9,332,625	1,393,403	(850,895)	(84,205)
Comprehensive income (loss) attributable to Recon Technology, Ltd	¥ 104,919,420	$ 15,664,942	¥ (23,683,629)	¥ (19,330,906)

CONDENSED FINANCIAL INFORMATI_7

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - Parent company statements (Details)	12 Months Ended
	Jun. 30, 2022 USD ($) shares	Jun. 30, 2022 CNY (¥) shares	Jun. 30, 2021 USD ($) shares	Jun. 30, 2021 CNY (¥) shares	Jun. 30, 2020 CNY (¥)	Jun. 30, 2018 CNY (¥)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 14,077,831	¥ 94,289,395		¥ (25,866,828)	¥ (20,122,604)
Adjustments to reconcile net cash flows from operating activities:
Changes in warrants liability	(26,051,481)	(174,485,575)		(35,365,792)	0
Amortization of offering cost of warrants				12,584,024	0
Provision for doubtful accounts	(98,365)	(658,823)		8,191,247	2,203,531
Restricted shares issued for management and employees	5,862,215	39,263,485		6,140,037	7,944,835
Loss (income) from investment in unconsolidated entity	(2,301)	(15,411)		266,707	(462,879)
Restricted shares issued for services	1,334,173	8,935,919		0	33,927
Interest expenses related to convertible notes				42,014,616	0
Net cash used in operating activities	(3,918,828)	(26,247,237)		(34,050,468)	(5,230,676)
Cash flows from investing activities:
Repayments from loans to third parties	25,596,021	171,435,032		5,150,377	11,239,623
Payments made for loans to third parties	(25,541,745)	(171,071,510)		(51,638,458)	(9,480,000)
Net cash used in investing activities	(49,073)	(328,684)		(46,538,654)	(2,108,363)
Cash flows from financing activities:
Proceeds from warrants issued with common stock				212,051,414	0
Proceeds from sale of ordinary shares, net of issuance costs				81,091,141	26,141,051
Proceeds from sale of prefunded warrants, net of issuance costs	13,933	93,321		30,276,569	0
Proceeds from share issuance for warrants exercised				21,130,035	0
Proceeds from issuance of convertible notes				42,014,616	0
Net cash provided by (used in) financing activities	(1,492,951)	(9,999,380)		394,026,823	33,238,421
Effect of exchange rate fluctuation on cash	1,534,121	10,275,148		224,365	(84,203)
Net increase (decrease) in cash	(3,926,731)	(26,300,153)		313,662,066	25,815,179
Cash at beginning of period		343,998,570
Cash at end of period	$ 47,300,000	¥ 317,000,000		343,998,570
Non-cash investing and financing activities
Issuance of common stock in exchange of shares of Starry, net of issuance costs				27,675,450	0
Conversion of convertible notes to 9,225,338 shares of ordinary shares				42,435,669	0
Payable For Issuance Cost Of Common Stock				0	374,696
Share issuance for convertible notes redemption (in shares) | shares	9,225,338	9,225,338
RECON TECHNOLOGY, LTD
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 14,271,539	¥ 95,586,795		(22,832,734)	(19,246,701)
Adjustments to reconcile net cash flows from operating activities:
Changes in warrants liability	(26,051,481)	(174,485,575)		(35,365,792)
Amortization of offering cost of warrants				12,584,024
Provision for doubtful accounts	287,170	1,923,382		1,933,986
Restricted shares issued for management and employees	5,862,215	39,263,485		6,140,037	7,944,835
Restricted shares issued for services		8,935,919	$ 1,334,173			¥ 33,927
Income from investment in unconsolidated entity	(2,301)	(15,411)		15,411
Interest expenses related to convertible notes				42,014,616
Equity in earnings of subsidiaries and VIEs	2,711,652	18,161,892		27,106,484	8,626,694
Other current assets	(16,651)	(111,521)		(474,891)	(3,370,538)
Other current liabilities	(760,064)	(5,090,698)		4,776,846	5,583,322
Net cash used in operating activities	(2,363,748)	(15,831,732)		(6,116,629)	(428,461)
Cash flows from investing activities:
Repayments from loans to third parties	24,845,019	166,405,032		1,950,000
Payments made for loans to third parties	(20,513,170)	(137,391,510)		(50,288,458)
Due from intercompany, VIEs and VIEs' subsidiaries	(8,296,753)	(55,569,342)		(29,505,002)	(4,484,382)
Net cash used in investing activities	(3,964,904)	(26,555,820)		(77,843,460)	(4,484,382)
Cash flows from financing activities:
Proceeds from warrants issued with common stock				212,051,414
Proceeds from sale of ordinary shares, net of issuance costs				81,091,141	26,141,051
Proceeds from sale of prefunded warrants, net of issuance costs	13,933	93,321		30,276,569
Proceeds from share issuance for warrants exercised				21,130,035
Proceeds from issuance of convertible notes				42,014,616
Net cash provided by (used in) financing activities	13,933	93,321		386,563,775	26,141,051
Effect of exchange rate fluctuation on cash	2,092,708	14,016,375		274,149	(97,823)
Net increase (decrease) in cash	(4,222,011)	(28,277,856)		302,877,835	21,130,385
Cash at beginning of period	48,541,402	325,116,815		22,238,980	1,108,595
Cash at end of period	44,319,391	296,838,959	$ 48,541,402	325,116,815	22,238,980
Non-cash investing and financing activities
Issuance of common stock in exchange of shares of Starry, net of issuance costs				27,675,450
Cancellation of ordinary shares issued to Starry	$ (4,132,069)	¥ (27,675,450)
Conversion of convertible notes to 9,225,338 shares of ordinary shares				¥ 42,435,669
Payable For Issuance Cost Of Common Stock					¥ 374,696
Share issuance for convertible notes redemption (in shares) | shares			9,225,338	9,225,338