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Inventories, net
12 Months Ended
Dec. 31, 2017
Inventories, net  
Inventories, net

 

10.  Inventories, net

 

Inventories, net, consist of the following:

 

 

As of December 31,

 

 

 

2016

 

2017

 

 

 

RMB

 

RMB

 

Products

 

29,191,782

 

41,840,945

 

Packing materials and others

 

130,897

 

358,207

 

 

 

 

 

 

 

Inventories

 

29,322,679

 

42,199,152

 

Inventory valuation allowance

 

(413,254

)

(498,773

)

 

 

 

 

 

 

Inventories, net

 

28,909,425

 

41,700,379