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INVENTORIES

12 Months Ended

Dec. 31, 2023

INVENTORIES

INVENTORIES

5. INVENTORIES

Inventories consisted of the following:

​

​	​	​	​	​
​		As of December 31,
​		2022		2023
​		RMB	​	RMB
Finished goods		267,036,620	​	244,373,815
Works in progress		69,290	​	6,925
Raw materials		149,903,238	​	148,409,401
​	​	​	​	​
Inventories		417,009,148	​	392,790,141

​

Write-downs of inventories from the carrying amount to its estimated net realizable value amounted to RMB3,679,669, RMB8,991,793 and RMB21,681,652 were made for the years ended December 31, 2021, 2022 and 2023, respectively, and were recorded as cost of revenues.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI https://asc.fasb.org/topic&trid=2126998

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- References

No definition available.

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