RELATED PARTY TRANSACTIONS AND BALANCES (Tables)

12 Months Ended

Dec. 31, 2018

Outstanding amounts due from/to related parties as of December 31, 2017 and 2018 were as follows:

	2017		2018
	December 31		December 31
	RMB		RMB
Accounts receivable from related parties:
Accounts receivable from Jiangsu Jinko-Tiansheng Co., Ltd. (“Jinko-Tiansheng”, in which JinkoSolar owns 30% equity interests)		-		25,368,631
Accounts receivable from Jinko Power Group for sales of solar modules and others		1,049,200,951		522,619,737
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		127,779,355

Other receivables from related parties:
Advances of travel and other business expenses to executive directors who are also shareholders		8,000		-
Other receivables from Jinko Power Group for receivable related to disposal of subsidiaries		28,634		-
Other receivables due from Sweihan Solar Holding Company		653,420		-
Other receivables from Jinko Power Group for miscellaneous transactions		6,712,861		8,296,133
Prepayments to Jinko Power Group for outsourcing services		10,333,131		55,514,313
Other receivables from Jinko Power Group for provision of guarantee		28,856,153		3,919,423

Other assets from related parties:
Other assets from Jinko Power Group for provision of guarantee		146,025,979		144,983,745

Accounts payable due to a related party:
Accounts payable due to subsidiaries of Renesola Zhejiang Ltd. ("ReneSola", controlled by an immediate family member of the principal shareholders and directors of the Company, who are the executive officers of the Company)		800,027		698,043
Accounts payable due to Jiangsu Jinko-Tiansheng Co., Ltd.		4,528,869		-

Advances from related parties:
Advances from Jinko Power Group for sales of solar modules		37,344,500		910,087
Advances from subsidiaries of ReneSola		55,444		-

Notes payables due to related parties:
Notes payables due to Jinko Power Group		-		35,000,000

Other payables due to a related party:
Other payables to Jiangxi Desun Energy Co., Ltd.(“Jiangxi Desun”, an entity in which our founders and substantial shareholders, Xiande Li, Kangping Chen and Xianhua Li, each holds more than 10%, and collectively hold 73%, of the equity interest) for leasing of land and buildings		8,628,855		9,704,152
Other payables due to Jinko Power Group for payments on behalf of the Company		3,704,629		11,058,987
Other payables of travel and other business expense reimbursement to executive directors who are also shareholders		-		55,457

(1)

Mr Xianshou Li, chairman and chief executive officer of Renesola is the brother of Mr Xiande Li, chairman of the board of directors of the Company.

(2)

Advances of travel and other business expenses to executive directors who are also shareholders represent the amounts the Company advanced to them for expected expenses, charges and incidentals relating to their business development activities.

(3)

Balances due to related parties are interest-free, not collateralized, and have no definitive repayment terms.

Schedule of Transactions with Related Parties [Table Text Block]

Transactions related parties for the year ended December 31, 2016, 2017 and 2018 were as follows:

	For the years ended December 31,
	2016		2017		2018
	RMB		RMB		RMB
Revenue from sales of products and providing services to related parties
Revenue from sales of products to Sweihan PV Power Company P.S.J.C (“Sweihan PV”, which develops and operates solar power projects in Dubai)		-		1,219,803,260		1,416,020,214
Revenue from sales of products to Jinko Power Group		35,181,217		453,251,266		38,895,833
Income of guarantee fee from Jinko Power Group		9,641,685		64,225,858		26,229,524
Rental services provided to Jinko Power Group		345,600		2,142,018		2,177,280
Revenue from sales of products to a subsidiary of ReneSola		-		6,474,041		47,388

Purchase of raw materials from related partie
Raw materials purchased from a subsidiary of ReneSola		-		2,866,904		-

Service expenses provided by related parties
Processing fee of OEM service charged by Jiangsu Jinko-Tiansheng		-		8,375,075		19,741,927
Solar project management service provided by Jinko Power Group		-		2,735,269		20,842,153
Construction service of solar project provided by Jinko Power Group		-		-		25,769,137
Rental services provided by Jiangxi Desun		1,100,304		1,100,304		1,100,304