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Advance to Suppliers (Tables)
12 Months Ended
Dec. 31, 2014
Advance to Suppliers  
Schedule of advances to suppliers

 

 

 

As of December 31,

 

 

 

2013

 

2014

 

2014

 

 

 

(RMB)

 

(RMB)

 

($)

 

Advance to granaries (note (i))

 

276,093,489 

 

52,268,983 

 

8,542,079 

 

Others

 

151,545 

 

308,530 

 

50,422 

 

Total advance to suppliers

 

276,245,034 

 

52,577,513 

 

8,592,501 

 

 


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