TAXATION (Tables)

12 Months Ended

Dec. 31, 2015

TAXATION [Abstract]

Schedule of Earnings Before Income Taxes

	For the year ended December 31
	2013			2014			2015
	RMB			RMB			RMB
Cayman Islands		(252,710,798	)		73,497,948			(7,990,185	)
PRC		334,511,152			695,671,595			850,301,335
Other countries		151,838,949			(186,855,933	)		116,182,465
Income/(Loss) before income taxes		233,639,303			582,313,610			958,493,615

Schedule of Current and Deferred Income Taxes

	For the year ended December 31
	2013			2014			2015
	RMB			RMB			RMB
Current income tax expenses
PRC		(17,468,843	)		(28,703,637	)		(105,143,116	)
Other countries		(153,468	)		(7,722,360	)		(13,275,016	)
Total current income tax expenses		(17,622,311	)		(36,425,997	)		(118,418,132	)
Deferred tax (expense)/benefit		(910,065	)		170,760,020			6,554,493
Income tax (expense)/benefit		(18,532,376	)		134,334,023			(111,863,639	)

Schedule of Income Tax Rate Reconciliation

	For the year ended December 31
	2013			2014			2015
	%			%			%
Statutory CIT rate		25.0			25.0			25.0
Effect of permanent differences:
—Share-based compensation expenses		1.2			1.1			1.8
—Change in fair value of convertible senior notes and capped call options		22.8			(2.8	)		0.4
—Accrued payroll and welfare expenses		2.2			0.4			1.2
—Change of enacted tax rate		43.8			(9.2	)		(2.6	)
—Other permanent differences		1.6			4.9			(1.4	)
Difference in tax rate of a subsidiary outside the PRC		3.4			0.7			(1.2	)
Effect of tax holiday for subsidiaries		(5.8	)		(14.6	)		(14.4	)
Change in valuation allowance		(86.3	)		(28.6	)		2.9
Effective CIT rate		7.9			(23.1	)		11.7

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

	For the year ended December 31
	2013		2014		2015
	RMB		RMB		RMB
The aggregate amount of effect		25,853,541		85,570,052		138,323,274
Per share effect—basic		0.27		0.70		1.11
Per share effect—diluted		0.27		0.56		1.08

Schedule of Current Deferred Tax Assets

	For the year ended December 31
	2014			2015
	RMB			RMB
Net operating losses		209,731			-
Provision for inventories, accounts receivable, other receivable		65,697,562			74,388,533
Change in fair value of forward contracts		(4,422,965	)		(244,141	)
Accrued warranty costs		9,320,959			20,135,070
Accrued interest		389,575			1,112,954
Other temporary differences		10,991,820			819,098
Total deferred tax assets		82,186,682			96,211,514
Less: Valuation allowance		(4,624,641	)		(17,110,947	)
Deferred tax assets—current, net		77,562,041			79,100,567
Other temporary differences		(6,187,087	)		(9,266,399	)
Deferred tax liabilities—current, net		(6,187,087	)		(9,266,399	)

Schedule of Noncurrent Deferred Tax Assets

	For the year ended December 31
	2014			2015
	RMB			RMB
Net operating losses		71,314,107			91,209,711
Accrued warranty costs		55,178,012			73,807,284
Timing difference for project assets, property, plant and equipment		33,296,577			25,741,022
Timing difference for revenue recognition of retainage contract		13,267,698			21,260,336
Other temporary differences		(279,551	)		(269,037	)
Total deferred tax assets		172,776,843			211,749,316
Less: Valuation allowance		(70,652,937	)		(85,905,721	)
Deferred tax assets—non-current, net		102,123,906			125,843,595
Other temporary differences		(2,572,785	)		(11,379,810	)
Deferred tax liabilities—non-current, net		(2,572,785	)		(11,379,810	)

Schedule of Movement of Valuation Allowances

	For the year ended December 31
	2013			2014			2015
	RMB			RMB			RMB
At beginning of year		(402,860,548	)		(242,117,755	)		(75,277,578	)
Current year additions		(21,347,390	)		(55,339,194	)		(60,653,347	)
Utilization and reversal of valuation allowances		182,090,183			222,179,371			32,914,257
At end of year		(242,117,755	)		(75,277,578	)		(103,016,668	)