PROJECT ASSETS, NET

6 Months Ended

Jun. 30, 2017

PROJECT ASSETS [Abstract]

PROJECT ASSETS, NET

15. PROJECT ASSETS, NET

Project assets represent the overseas solar projects operated by the Company after the disposition of downstream solar projects. In the year ended December 31,2016, the Company obtained two small solar projects in Italy as the settlement of the accounts receivables. In addition, the Company commenced developing solar power projects in overseas which are still under construction. Project assets and related accumulated depreciation are as follows:

	2016		2017
	December 31		June 30
	RMB		RMB
Completed		30,188,445		32,555,207
Under construction		31,935,354		117,129,231
Less: Accumulated depreciation		(7,060,303)		(9,428,260)
Project Assets, net		55,063,496		140,256,178