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Convertible Notes Payable (Details) - 12 months ended Jun. 30, 2016
¥ in Thousands
USD ($)
CNY (¥)
Convertible Notes Payable (Textual)    
Aggregate amount of convertible notes payable $ 7,675,500 ¥ 51,000,000
Fair value of convertible notes payable $ 6,671,769 ¥ 44,330,692
Convertible notes payable, term 3 years  
Debt conversion annual interest rate 3.00%  
Debt conversion description The per share conversion price of the notes is the higher of the following: (i) $5.00 per share or (ii) 75% of the closing price of the Company's common stock on the date the noteholder delivers the conversion notice.