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Advance to Suppliers (Tables)
12 Months Ended
Dec. 31, 2013
Advance to Suppliers  
Schedule of advances to suppliers

 

 

As of December 31,

 

 

 

2012

 

2013

 

2013

 

 

 

(RMB)

 

(RMB)

 

($)

 

Advance to granaries (note (i))

 

67,210,000

 

276,093,489

 

45,284,241

 

Others

 

618,505

 

151,545

 

24,856

 

Total advance to suppliers

 

67,828,505

 

276,245,034

 

45,309,097

 

 

Note (i):             Advance to granaries represents corn cost paid but related materials and services have not been provided to the Company.