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OTHER PAYABLES AND ACCRUALS (Tables)
12 Months Ended
Dec. 31, 2023
OTHER PAYABLES AND ACCRUALS  
Schedule of other payables and accruals

Other payables and accruals are consisted of the follows (RMB in thousands):

    

As of December 31, 

    

2022

    

2023

    

RMB

    

RMB

Payables for purchase of property, plant and equipment

 

6,412,134

9,497,061

Freight payables

 

1,359,813

1,110,279

Liabilities in the Trusts (Note 22)

668,083

Accrued utilities, rentals and interest

 

629,977

555,534

Value-added tax and other tax payables

 

329,078

513,586

Payables for investments

295,647

Commission payables

13,587

262,222

Accrued warranty cost

221,699

261,268

Customs duties

147,759

98,363

Accrued professional service fees

 

34,110

55,795

Contracted labor fees

20,015

28,323

Insurance premium payables

 

1,853

6,780

Others

44,359

83,961

Total

 

9,214,384

13,436,902