11. PREPAYMENTS AND OTHER CURRENT ASSETS

Prepayments and other current assets consisted of the following:

	As of December 31,
	2013		2014
	RMB		RMB
Value-added tax deductible		463,771,911		685,696,580
Deposit for customer duty, bidding and others		39,412,046		68,027,240
Rental deposit and prepayment		7,876,610		31,054,808
Prepayment for share repurchase		25,173,532		25,471,153
Prepaid professional service fee		5,646,098		18,824,241
Prepayment for income tax		5,992,644		17,439,451
Employee advances		10,357,581		15,602,935
Prepaid insurance premium		9,407,769		15,060,226
Deposits related to acquisition of subsidiaries		-		10,000,000
Deposits related to construction of solar projects		9,880,000		9,880,000
Others		14,335,784		19,599,010
Total		591,853,975		916,655,644

Value-added tax deductible represented the balance that the Group can utilize to deduct its value-added tax liability within the next 12 months.

As of December 31, 2013 and 2014, all of the employee advances were business related, interest-free, not collateralized and will be repaid or settled within one year from the respective balance sheet dates.