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SHARE-BASED AWARDS (Tables)
12 Months Ended
Dec. 31, 2016
Schedule of Assumptions Used
 
 
February 18, 2014
 
Risk-free interest rate
 
 
2.33
%
Dividend yield
 
 
5
%
Exercise multiple
 
 
2.5
 
Expected volatility range
 
 
39.03
%
Schedule of Stock Options
 
Share Options Granted to Employees
 
Number of
Shares
 
Weighted-
Average
Exercise
Price
 
Weighted
Average
Grant-date
Fair Value
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic
Value
 
Outstanding, January 1, 2016
 
 
7,949,358
 
US$
2.90
 
US$
0.71
 
 
5.45
 
 
 
Granted
 
 
 
 
 
 
 
 
 
 
 
Exercised
 
 
 
 
 
 
 
 
 
 
 
Forfeited
 
 
(490,312)
 
US$
1.68
 
US$
0.65
 
 
1.13
 
 
 
Outstanding, December 31, 2016
 
 
7,459,046
 
US$
2.98
 
US$
0.72
 
 
5.74
 
 
 
Expected to vest, December 31, 2016
 
 
6,363,349
 
US$
2.97
 
US$
0.72
 
 
5.74
 
 
 
Exercisable at December 31, 2016
 
 
7,289,729
 
US$
3.01
 
US$
0.72
 
 
5.84
 
 
 
Summary of Restricted Shares
Grant Date
 
Number of Awards
 
Fair Value per Share at the Grant date
(US$)
 
February 18, 2014
 
 
1,370,250
 
 
1.93
 
July 1, 2014
 
 
21,132
 
 
2.35
 
August 1, 2014
 
 
69,564
 
 
2.44
 
Schedule of Share-Based Compensation Expense
 
 
For the Years ended December 31,
 
 
 
2014
 
2015
 
2016
 
2016
 
 
 
RMB
 
RMB
 
RMB
 
US$
 
General and administrative expenses
 
 
6,605
 
 
7,304
 
 
7,573
 
 
1,091
 
Selling expenses
 
 
744
 
 
780
 
 
827
 
 
119
 
 
 
 
7,349
 
 
8,084
 
 
8,400
 
 
1,210
 
Restricted shares [Member]  
Summary of Restricted Shares
 
 
 
Numbers
of shares
 
Weighted
average grant
date fair value
 
 
 
RMB
 
US$
 
Outstanding, January 1, 2016
 
 
1,416,336
 
 
1.96
 
Forfeited
 
 
(145,251)
 
 
1.93
 
Outstanding, December 31, 2016
 
 
1,271,085
 
 
1.97
 
Expected to vest, December 31, 2016
 
 
1,271,085
 
 
1.97