v3.26.3
OTHER RECEIVABLES, NET (Tables)
12 Months Ended
Jun. 30, 2026
OTHER RECEIVABLES, NET  
Schedule of other receivables, net

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​

​

​

​

​

​

​

​

  ​ ​ ​

June 30, 

  ​ ​ ​

June 30, 

  ​ ​ ​

June 30, 

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​

2025

​

2026

​

2026

Third Party

​

RMB

​

RMB

​

US Dollars

Business advances to officers and staffs (A)

 

¥

797,263

 

¥

2,027,919

 

$

298,878

Deposits for projects

 

​

1,433,882

 

​

1,229,575

 

​

181,217

VAT recoverable

 

​

1,139,075

 

​

6,033,448

 

​

889,220

Others

 

​

1,127,654

 

​

1,029,692

 

​

151,758

Allowance for credit losses

​

​

(736,993)

​

​

(441,116)

​

​

(65,012)

Total Other receivable, net

 

¥

3,760,881

​

¥

9,879,518

​

$

1,456,061

(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. Included herein are business advances of ¥nil and ¥120,000 ($17,686) due from key management personnel as of June 30, 2025 and June 30, 2026.
Schedule of movement of allowance for credit losses

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​

​

​

​

  ​ ​ ​

June 30, 

  ​ ​ ​

June 30, 

  ​ ​ ​

June 30, 

​

​

2025

​

2026

​

2026

​

​

RMB

​

RMB

​

US Dollars

Beginning balance

 

¥

800,374

 

¥

736,993

​

$

108,619

Reversal of allowance

​

​

(63,381)

​

​

(295,877)

​

​

(43,607)

Ending balance

 

¥

736,993

 

¥

441,116

​

$

65,012

​