XML 84 R68.htm IDEA: XBRL DOCUMENT v3.8.0.1
RELATED PARTY TRANSACTIONS AND BALANCES (Tables)
12 Months Ended
Dec. 31, 2017
RELATED PARTY TRANSACTIONS AND BALANCES [Abstract]  
Schedule of related party balances
Outstanding amounts due from/to related parties as of December 31, 2016 and 2017 were as follows:
  
 
 
2016
 
2017
 
 
 
December 31
 
December 31
 
 
 
RMB
 
RMB
 
Accounts receivable from related parties:
 
 
 
 
 
 
 
Accounts receivable from Gansu Heihe Hydropower Industrial Investment LLC. (" Gansu Heihe", in which the Group owns 9% equity interests)
 
 
44,616
 
 
-
 
Accounts receivable from Jiangxi Jinko Engineering for sales of solar modules and others
 
 
1,414,039,443
 
 
1,049,200,951
 
Accounts receivable from Sweihan PV Power Company P.S.J.C ("Sweihan PV", which develops and operates solar power projects in Dubai)
 
 
-
 
 
1,063,841,109
 
 
 
 
 
 
 
 
 
Advances to related parties
 
 
 
 
 
 
 
Advances to subsidiaries of ReneSola
 
 
661,788
 
 
-
 
 
 
 
 
 
 
 
 
Notes receivables from related parties:
 
 
 
 
 
 
 
Notes receivables from Jiangxi Jinko Engineering for sales of solar modules
 
 
610,200,000
 
 
-
 
 
 
 
 
 
 
 
 
Other receivables from related parties:
 
 
 
 
 
 
 
Advances of travel and other business expenses to executive directors who are also shareholders
 
 
68,106
 
 
8,000
 
Other receivables from Jiangxi Jinko Engineering for receivable related to disposal of subsidiaries
 
 
-
 
 
28,634
 
Other receivables due from Sweihan Solar Holding Company
 
 
-
 
 
653,420
 
Other receivables from Jiangxi Jinko Engineering for miscellaneous transactions
 
 
16,704,113
 
 
6,712,861
 
Prepayments to Jiangxi Jinko Engineering for outsourcing services
 
 
-
 
 
10,333,131
 
Other receivables from Jiangxi Jinko Engineering for provision of guarantee
 
 
62,352,655
 
 
28,856,153
 
 
 
 
 
 
 
 
 
Other assets from related parties:
 
 
 
 
 
 
 
Other assets from Jiangxi Jinko Engineering for provision of guarantee
 
 
173,375,586
 
 
146,025,979
 
 
 
 
 
 
 
 
 
Accounts payable due to a related party:
 
 
 
 
 
 
 
Accounts payable due to subsidiaries of ReneSola
 
 
-
 
 
800,027
 
Accounts payable due to Jiangsu Jinko-Tiansheng Co., Ltd. ("Jinko-Tiansheng", in which the Group owns 30% equity interests)
 
 
-
 
 
4,528,869
 
 
 
 
 
 
 
 
 
Advances from related parties:
 
 
 
 
 
 
 
Advances from Jiangxi Jinko Engineering for sales of solar modules
 
 
60,541,490
 
 
37,344,500
 
Advances from subsidiaries of ReneSola
 
 
-
 
 
55,444
 
 
 
 
 
 
 
 
 
Other payables due to a related party:
 
 
 
 
 
 
 
Other payables to Desun for leasing of land and buildings
 
 
7,528,551
 
 
8,628,855
 
Other payables due to Jiangxi Jinko Engineering for payments on behalf of the Company
 
 
68,505,022
 
 
3,704,629