Consolidated Statements of Cash Flows (Unaudited)	6 Months Ended
Dec. 31, 2019 CNY (¥)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 CNY (¥)
RMB
Operating activities
Net income \| ¥	¥ 29,157,335		¥ 30,265,012
Adjustments to reconcile net income to cash generated from operating activities:
Depreciation and amortization \| ¥	626,256		165,454
Changes in working capital:
Inventories \| ¥	(7,427,130)		(2,320,616)
Trade receivables \| ¥	(38,315,186)		(28,785,206)
Deposits, prepayments and other receivables \| ¥	9,401,407		12,275,798
Trade payables \| ¥	190,911		416,542
Receipts in advance, accruals and other payables \| ¥	(2,193)		1,385,393
Current tax liabilities \| ¥	2,748,872		3,961,386
Amount due to Director \| ¥	1,992,279		310,589
Cash generated from operating activities \| ¥	(1,627,449)		17,674,352
Investing activities
Payments for acquisition of property, plant and equipment \| ¥	(4,878)
Acquisition of interest in an associate \| ¥			(150,000)
Cash used in investing activities \| ¥	(4,878)		(150,000)
Financing activities
Repayment of bank borrowings \| ¥	(100,000)
Proceeds from bank borrowings \| ¥	500,000		2,000,000
Cash used in financing activities \| ¥	400,000		2,000,000
Effect of exchange rate on cash \| ¥
(Decrease)/Increase in cash and cash equivalents \| ¥	(1,232,327)		19,524,352
Cash and cash equivalents, beginning of the period \| ¥	53,163,966		26,504,962
Cash and cash equivalents, end of the period \| ¥	51,931,639		46,029,314
Supplemental disclosure of cash flows information
Cash paid during the year for interest \| ¥	(141,617)		(34,040)
Cash paid during the year for income taxes \| ¥	¥ (6,132,331)		¥ (10,609,689)
USD
Operating activities
Net income \| $		$ 4,188,189
Adjustments to reconcile net income to cash generated from operating activities:
Depreciation and amortization \| $		89,956
Changes in working capital:
Inventories \| $		(1,066,840)
Trade receivables \| $		(5,503,632)
Deposits, prepayments and other receivables \| $		1,350,428
Trade payables \| $		27,423
Receipts in advance, accruals and other payables \| $		(315)
Current tax liabilities \| $		394,850
Amount due to Director \| $		286,173
Cash generated from operating activities \| $		(233,768)
Investing activities
Payments for acquisition of property, plant and equipment \| $		(701)
Acquisition of interest in an associate \| $
Cash used in investing activities \| $		(701)
Financing activities
Repayment of bank borrowings \| $		(14,364)
Proceeds from bank borrowings \| $		71,821
Cash used in financing activities \| $		57,457
Effect of exchange rate on cash \| $		(53,840)
(Decrease)/Increase in cash and cash equivalents \| $		(230,852)
Cash and cash equivalents, beginning of the period \| $		7,744,205
Cash and cash equivalents, end of the period \| $		7,459,513
Supplemental disclosure of cash flows information
Cash paid during the year for interest \| $		(20,342)
Cash paid during the year for income taxes \| $		$ (880,854)

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