v3.26.3
SEGMENT REPORTING
12 Months Ended
Jun. 30, 2026
SEGMENT REPORTING  
SEGMENT REPORTING

NOTE 30. 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, 2024, 2025 and 2026, respectively:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the years ended June 30, 

​

​

2024

​

2025

​

2026

​

2026

​

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

US Dollars

Automation product and software

 

¥

26,831,668

​

¥

34,114,673

​

¥

69,751,650

​

$

10,280,121

Equipment and accessories

 

​

20,471,950

​

​

18,422,895

​

​

27,858,823

​

​

4,105,882

Oilfield environmental protection

 

​

17,576,573

​

​

10,291,333

​

​

12,287,772

​

​

1,810,994

Platform outsourcing services

​

​

3,974,089

​

​

3,456,131

​

​

—

​

​

—

Total revenue

 

¥

68,854,280

​

¥

66,285,032

​

¥

109,898,245

​

$

16,196,997

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the year ended June 30, 2026

​

  ​ ​ ​

Automation 

  ​ ​ ​

Equipment,

  ​ ​ ​

Oilfield 

  ​ ​ ​

Platform

  ​ ​ ​

​

​

  ​ ​ ​

​

​

​

​

product and 

​

accessories

​

environmental 

​

outsourcing

​

Chemical

​

​

​

​

​

software

​

and others

​

protection

​

services

​

recycle

​

Total

​

​

RMB

​

RMB

​

RMB

​

RMB

​

RMB

​

RMB

Revenue

 

¥

69,751,650

​

¥

27,858,823

​

¥

12,287,772

​

¥

—

​

¥

—

​

¥

109,898,245

Cost of revenue and related tax

 

​

47,233,506

​

​

20,455,227

​

​

5,721,472

​

​

—

​

​

—

​

​

73,410,205

Gross profit

 

¥

22,518,144

​

¥

7,403,596

​

¥

6,566,300

​

¥

—

​

¥

—

​

¥

36,488,040

Depreciation and amortization

 

¥

590,048

​

¥

248,287

​

¥

2,023,880

​

¥

—

​

¥

8,172

​

¥

2,870,387

Total capital expenditures

 

¥

156,991

​

¥

107,557

​

¥

—

​

¥

—

​

¥

74,408,148

​

¥

74,672,696

Timing of revenue recognition

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Goods transferred at a point in time

​

¥

60,466,959

​

¥

27,858,823

​

¥

12,287,772

​

¥

—

​

¥

—

​

¥

100,613,554

Services rendered over time

​

​

9,284,691

​

​

—

​

​

—

​

​

—

​

​

—

​

​

9,284,691

Total revenue

 

¥

69,751,650

​

¥

27,858,823

​

¥

12,287,772

​

¥

—

​

¥

—

​

¥

109,898,245

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the year ended June 30, 2025

​

  ​ ​ ​

Automation

  ​ ​ ​

Equipment,

  ​ ​ ​

Oilfield

  ​ ​ ​

Platform

  ​ ​ ​

​

​

  ​ ​ ​

 

​

​

product and

​

accessories

​

environmental

​

outsourcing

​

Chemical

​

 

​

​

software

​

and others

​

protection

​

services

​

recycle

​

Total

​

​

RMB

​

RMB

​

RMB

​

RMB

​

RMB

​

RMB

Revenue

 

¥

34,114,673

​

¥

18,422,895

​

¥

10,291,333

​

¥

3,456,131

​

¥

—

​

¥

66,285,032

Cost of revenue and related tax

 

​

28,627,787

​

​

13,224,911

​

​

8,549,392

​

​

642,405

​

​

—

​

​

51,044,495

Gross profit

 

¥

5,486,886

​

¥

5,197,984

​

¥

1,741,941

​

¥

2,813,726

​

¥

—

​

¥

15,240,537

Depreciation and amortization

 

¥

521,140

​

¥

577,743

​

¥

2,048,024

​

¥

—

​

¥

1,029

​

¥

3,147,936

Total capital expenditures

 

¥

254,962

​

¥

557,106

​

¥

—

​

¥

—

​

¥

11,807,768

​

¥

12,619,836

Timing of revenue recognition

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Goods transferred at a point in time

​

¥

28,284,942

​

¥

18,422,895

​

¥

10,291,333

​

¥

3,456,131

​

¥

—

​

¥

60,455,301

Services rendered over time

​

​

5,829,731

​

​

—

​

​

—

​

​

—

​

​

—

​

​

5,829,731

Total revenue

 

¥

34,114,673

​

¥

18,422,895

​

¥

10,291,333

​

¥

3,456,131

​

¥

—

​

¥

66,285,032

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the year ended June 30, 2024

​

  ​ ​ ​

Automation

  ​ ​ ​

Equipment,

  ​ ​ ​

Oilfield

  ​ ​ ​

Platform

  ​ ​ ​

​

​

​

​

​

​

​

product and

​

accessories

​

environmental

​

outsourcing

​

Chemical

​

​

​

​

​

software

​

and others

​

protection

​

services

​

recycle

​

Total

​

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

RMB

Revenue

 

¥

26,831,668

 

¥

20,471,950

 

¥

17,576,573

 

¥

3,974,089

 

¥

—

​

¥

68,854,280

Cost of revenue and related tax

 

​

23,864,941

 

​

14,097,459

 

​

9,240,828

 

​

637,903

 

​

135,705

​

​

47,976,836

Gross profit

 

¥

2,966,727

 

¥

6,374,491

 

¥

8,335,745

 

¥

3,336,186

 

¥

(135,705)

​

¥

20,877,444

Depreciation and amortization

 

¥

493,633

 

¥

289,234

 

¥

2,059,292

 

¥

1,866

 

¥

—

​

¥

2,844,025

Total capital expenditures

 

¥

146,367

 

¥

150,081

 

¥

—

 

¥

2,989

 

¥

15,000,251

​

¥

15,299,688

Timing of revenue recognition

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Goods transferred at a point in time

​

¥

20,032,784

​

¥

20,471,950

​

¥

17,576,573

​

¥

199,918

​

¥

—

​

¥

58,281,225

Services rendered over time

​

​

6,798,884

​

​

—

​

​

—

​

​

3,774,171

​

​

—

​

​

10,573,055

Total revenue

 

¥

26,831,668

​

¥

20,471,950

​

¥

17,576,573

​

¥

3,974,089

​

¥

—

​

¥

68,854,280

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

June 30, 

  ​ ​ ​

June 30, 

  ​ ​ ​

June 30, 

​

​

2025

​

2026

​

2026

​

​

RMB

​

RMB

​

US Dollars

Total assets:

 

​

  ​

 

​

  ​

 

​

  ​

Automation product and software

 

¥

125,953,243

 

¥

127,438,865

​

$

18,782,165

Equipment, accessories and others

 

​

131,869,561

 

​

136,241,881

​

​

20,079,569

Oilfield environmental protection

 

​

74,481,593

 

​

73,718,536

​

​

10,864,768

Platform outsourcing services

​

​

57,208,575

​

​

56,642,856

​

​

8,348,124

Chemical recycling

​

​

136,108,153

​

​

245,404,636

​

​

36,168,165

Total assets

 

¥

525,621,125

 

¥

639,446,774

​

$

94,242,791

​