TAXATION (Tables)

12 Months Ended

Dec. 31, 2013

TAXATION [Abstract]

Schedule of Earnings Before Income Taxes

	For the year ended December 31
	2011			2012			2013
	RMB			RMB			RMB
Cayman Islands		246,885,595			(136,614,196	)		(252,710,798	)
PRC		127,032,230			(1,191,217,775	)		308,896,189
Other countries		(19,519,201	)		(224,901,695	)		151,838,949
Income/(Loss) before income taxes		354,398,624			(1,552,733,666	)		208,024,340

Schedule of Current and Deferred Income Taxes

	For the year ended December 31
	2011			2012		2013
	RMB			RMB		RMB
Current income tax (expense)/benefit
PRC		(76,792,019	)		7,561,393		(17,468,843	)
Other countries		(71,536	)		838,169		(153,468	)
Total current income tax (expense)/benefit		(76,863,555	)		8,399,562		(17,622,311	)
Deferred PRC tax (expense)/benefit		(4,209,187	)		518,086		(910,065	)
Income tax (expense)/benefit		(81,072,742	)		8,917,648		(18,532,376	)

Schedule of Income Tax Rate Reconciliation

	For the year ended December 31
	2011			2012			2013
	%			%			%
Statutory CIT rate		25.0			(25.0	)		25.0
Effect of permanent differences:
-Share-based compensation expenses		0.7			0.3			1.3
-Change in fair value of convertible senior notes and capped call options		(21.1	)		1.6			25.6
-Goodwill impairment		3.2			-			-
-Accrued payroll and welfare expenses		4.4			0.8			2.4
-Change of enact tax rate		-			(7.5	)		49.2
-Effect of prior year tax difference (1)		-			(0.6	)		-
-Other non-deductible expenses		5.6			0.8			1.9
Difference in tax rate of a subsidiary outside the PRC		(0.9	)		0.9			3.8
Effect of tax holiday for subsidiaries		(13.2	)		6.9			(6.5	)
Change in valuation allowance		19.1			21.2			(93.8	)
Effective CIT rate		22.8			(0.6	)		8.9

(1) The Company recorded an out-of-period adjustment of RMB12,146,071in the year ended December 31, 2012, resulting from income tax filing difference for two PRC entities, which should have been recorded in the year ended December 31, 2011. The originating amount in 2011 was not material to the 2011 consolidated financial statements, nor was the out of period adjustment recorded in 2012 material to the 2012 consolidated financial statements.

Schedule of Aggregate Amount and Per Share Effect of Reduction of CIT

	For the year ended December 31
	2011		2012		2013
	RMB		RMB		RMB
The aggregate amount of effect		46,723,125		-		25,853,541
Per share effect-basic		0.50		-		0.27
Per share effect-diluted		0.46		-		0.27

Schedule of Current Deferred Tax Assets

	For the year ended December 31
	2012			2013
	RMB			RMB
Net operating losses		-			-
Provision for inventories, accounts receivable, other receivable		170,795,477			59,362,637
Change in fair value of forward contracts		(1,749,190	)		(5,270,148	)
Accrued warranty costs		4,952,344			5,923,185
Accrued interest		6,529,370			503,377
Other temporary differences		(5,153,313	)		5,283,025
Total deferred tax assets		175,374,688			65,802,076
Less: Valuation allowance		(175,374,688	)		(65,802,076	)
Net deferred tax assets-current		-			-

Schedule of Noncurrent Deferred Tax Assets

	For the year ended December 31
	2012			2013
	RMB			RMB
Net operating losses		91,384,912			39,762,082
Accrued warranty costs		25,690,397			25,977,871
Increase in fair value of property, plant and equipment and land use rights arising from business combination		(3,532,006	)		(2,052,738	)
Timing difference for project assets, property, plant and equipment		17,470,545			43,098,028
Provision for advance to suppliers to be utilized beyond one year		56,931,594			34,158,957
Provision of prepayment for purchase of property, plant and equipment		11,048,442			6,629,065
Timing difference for revenue recognition of retainage contract		28,557,111			25,442,086
Other temporary differences		(65,135	)		3,300,328
Total deferred tax assets		227,485,860			176,315,679
Less: Valuation allowance		(227,485,860	)		(176,315,679	)
Deferred tax assets-non-current, net		-			-

Schedule of Movement of Valuation Allowances

	For the year ended December 31
	2011			2012			2013
	RMB			RMB			RMB
At beginning of year		(6,308,714	)		(73,967,071	)		(402,860,548	)
Current year additions		(69,445,609	)		(329,813,147	)		(21,347,390	)
Reversal of valuation allowances		1,787,252			919,670			182,090,183
At end of year		(73,967,071	)		(402,860,548	)		(242,117,755	)