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Land use rights, net
12 Months Ended
Dec. 31, 2018
Land use rights, net  
Land use rights, net

9. Land use rights, net

 

 

 

 

 

 

 

 

As of  December 31, 

 

 

2017

 

2018

 

    

RMB

    

RMB

Land use right

 

3,174,446

 

4,053,855

Less: accumulated amortization

 

(96,676)

 

(168,277)

Land use rights, net

 

3,077,770

 

3,885,578

 

The expiry dates of the land use rights are from October 2064 to October 2068.

Amortization expenses charged were RMB37,657,  RMB55,545 and RMB71,601 for the years ended December 31, 2016, 2017 and 2018, respectively.