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OTHER ASSETS -THIRD PARTIES (Tables)
12 Months Ended
Dec. 31, 2020
OTHER ASSETS - THIRD PARTIES  
Schedule of Other Assets

As of December 31, 

2019

2020

    

RMB

    

RMB

Prepayments for purchase of property, plant and equipment

 

560,182,033

 

884,611,325

Refund receivable of U.S. countervailing duties and anti-dumping duties

427,796,666

571,394,376

Prepayment for warranty insurance premium

 

111,611,828

 

112,884,194

Deferred losses related to sale-leaseback transactions before January 1, 2020 (Note 21)

 

183,566,444

 

98,660,496

Deposit for rent and others

 

170,335,718

 

79,281,354

Prepayment of income tax attributable to intercompany transactions

 

13,199,456

 

31,816,215

Less: Allowance for credit losses

 

 

(849,093)

Total

 

1,466,692,145

 

1,777,798,867

Summary of activity in allowance for credit losses related to deposits

For the year ended December 31,

2020

    

RMB

At beginning of year

 

Impact of adopting ASC Topic 326

 

5,065,000

Reversal

 

(4,215,907)

At end of year

 

849,093