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LOANS AND BORROWINGS (Tables)
9 Months Ended
Sep. 30, 2017
LOANS AND BORROWINGS  
Schedule of borrowings

                                                                                                                                                                                    

 

 

As of
December 31,
2016

 

As of
September 30,
2017

 

Short-term borrowings

 

 

239,777

 

 

314,052

 

Current portion of long-term borrowings

 

 

388,701

 

 

638,682

 

​  

​  

​  

​  

Sub-total

 

 

628,478

 

 

952,734

 

​  

​  

​  

​  

Long-term borrowings, excluding current portion

 

 

1,509,676

 

 

2,241,895

 

​  

​  

​  

​  

Total loans and borrowings

 

 

2,138,154

 

 

3,194,629

 

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​  

​  

​  

​  

​  

​  

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Schedule of short-term borrowings

                                                                                                                                                                                    

 

 

As of
December 31,
2016

 

As of
September 30,
2017

 

Unsecured short-term loans and borrowings

 

 

 

 

50,000

 

Secured short-term loans and borrowings

 

 

239,777

 

 

264,052

 

​  

​  

​  

​  

 

 

 

239,777

 

 

314,052

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of assets to secure the short-term borrowings

                                                                                                                                                                                    

 

 

As of
December 31,
2016

 

As of
September 30,
2017

 

Accounts receivable

 

 

19,914

 

 

12,998

 

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​  

​  

​  

​  

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Schedule of long-term borrowings

                                                                                                                                                                                    

 

 

As of
December 31,
2016

 

As of
September 30,
2017

 

Unsecured long-term loans and borrowings

 

 

 

 

7,500

 

Secured long-term loans and borrowings

 

 

1,898,377

 

 

2,873,077

 

​  

​  

​  

​  

 

 

 

1,898,377

 

 

2,880,577

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of assets to secure the long-term borrowings

                                                                                                                                                                                    

 

 

As of
December 31,
2016

 

As of
September 30,
2017

 

Accounts receivable

 

 

67,433

 

 

107,819

 

Property and equipment, net

 

 

512,566

 

 

524,653

 

Prepaid land use rights, net

 

 

20,735

 

 

20,146

 

​  

​  

​  

​  

 

 

 

600,734

 

 

652,618

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of aggregate maturities of the long-term borrowings

                                                                                                                                                                                    

 

 

Long-term borrowings

 

Twelve-months ending September 30,

 

 

 

 

2018

 

 

638,682

 

2019

 

 

736,847

 

2020

 

 

516,839

 

2021

 

 

731,461

 

2022

 

 

250,469

 

Thereafter

 

 

6,279

 

​  

​  

 

 

 

2,880,577

 

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​