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OTHER INCOME/(EXPENSES), NET
12 Months Ended
Dec. 31, 2018
Other Income and Expenses [Abstract]  
OTHER INCOME/(EXPENSES), NET
6.
OTHER INCOME/(EXPENSES), NET
 
 
 
For the years ended December 31
 
 
 
2016
 
 
2017
 
 
2018
 
 
 
RMB
 
 
RMB
 
 
RMB
 
Guarantee income
 
 
9,641,685
 
 
 
65,935,450
 
 
 
26,229,524
 
Donations
 
 
(873,320
)
 
 
(6,288,539
)
 
 
(412,465
)
Total
 
 
8,768,365
 
 
 
59,646,911
 
 
 
25,817,059
 
 
In 2016, the Group issued debt payment guarantees and redemption guarantees in favor of Jinko Power Group, a related party (note 31). The guarantee liability which corresponds with the guarantee fees received is being amortized in straight line during the guarantee period from 1 to 16 years based on the life of the outstanding guaranteed bank loans by recognizing a credit to other income.