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FAIR VALUE MEASUREMENTS (Schedule of Changes in Fair Value of Warrants Liability) (Details) - Fair value of derivative liability [Member] - CNY (¥)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Balance ¥ 0 ¥ 68,377,608
Foreign exchange loss on warrant liability 0 1,465,872
Change in fair value of warrant liability 0 1,110,360
Balance ¥ 0 ¥ 70,953,840