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

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As of December 31, 

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2019

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2020

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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

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427,796,666

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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

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For the year ended December 31,

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2020

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RMB

At beginning of year

 

—

Impact of adopting ASC Topic 326

 

5,065,000

Reversal

 

(4,215,907)

At end of year

 

849,093