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OTHER PAYABLES AND ACCRUALS (Tables)
12 Months Ended
Dec. 31, 2019
OTHER PAYABLES AND ACCRUALS  
Schedule of Other Payables and Accruals

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As of December 31, 

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2018

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2019

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RMB

    

RMB

Payables for purchase of property, plant and equipment

 

1,036,077,418

 

1,907,043,892

Freight payables

 

354,320,859

 

463,924,999

Countervailing and anti-dumping duty

 

176,534,482

 

326,735,668

Accrued warranty cost

 

83,035,845

 

99,471,928

Accrued utilities, rentals and interest

 

66,013,084

 

86,349,122

Contracted labor fee

 

62,191,471

 

55,971,430

Value-added tax and other tax payables

 

54,126,560

 

43,243,416

Commission payables

 

92,962,871

 

30,558,458

Accrued professional service fees

 

10,432,042

 

10,881,679

Insurance premium payables

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1,024,587

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740,908

Finance lease payables (note 2al)

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287,441,586

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Accrued income tax associated with intercompany transactions

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25,962,700

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Public offering issuance cost

 

2,328,174

 

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Government grants related to assets

 

2,018,720

 

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Others

 

26,554,161

 

31,008,256

Total

 

2,281,024,560

 

3,055,929,756