INTEREST EXPENSES, NET

12 Months Ended

Dec. 31, 2018

Banking and Thrift, Interest [Abstract]

INTEREST EXPENSES, NET

5. INTEREST EXPENSES, NET

	For the years ended December 31
	2016			2017			2018
	RMB			RMB			RMB
Interest expenses		409,420,734			321,477,539			429,347,128
Less: Interest Capitalization		(8,915,817	)		(17,662,780	)		(51,243,764	)
Less: Interest income		(41,519,696	)		(58,810,161	)		(83,461,323	)
Amortisation of Bond Issue Costs		311,111			525,000			1,050,000
Total		359,296,332			245,529,598			295,692,041