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SHARE-BASED AWARDS (Tables)
12 Months Ended
Dec. 31, 2017
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, 2017
 
 
7,459,046
 
US$
2.98
 
US$
0.72
 
 
5.74
 
 
 
Granted
 
 
 
 
 
 
 
 
 
 
 
Exercised
 
 
 
 
 
 
 
 
 
 
 
Forfeited
 
 
(4,241,959)
 
US$
1.37
 
US$
0.65
 
 
0.13
 
 
 
Outstanding, December 31, 2017
 
 
3,217,087
 
US$
5.11
 
US$
0.81
 
 
13.13
 
 
 
Expected to vest, December 31, 2017
 
 
3,217,087
 
US$
5.11
 
US$
0.81
 
 
13.13
 
 
 
Exercisable at December 31, 2017
 
 
2,991,291
 
US$
5.11
 
US$
0.81
 
 
13.13
 
 
 
Schedule of Share-Based Compensation Expense
 
 
For the Years ended December 31,
 
 
 
2015
 
2016
 
2017
 
2017
 
 
 
RMB
 
RMB
 
RMB
 
US$
 
General and administrative expenses
 
 
7,304
 
 
7,573
 
 
10,099
 
 
1,552
 
Selling expenses
 
 
780
 
 
827
 
 
1,542
 
 
237
 
 
 
 
8,084
 
 
8,400
 
 
11,641
 
 
1,789
 
Restricted shares [Member]  
Summary of Restricted Shares
 
 
Numbers
of shares
 
Weighted
average grant
date fair value
 
 
 
RMB
 
US$
 
Outstanding, January 1, 2017
 
 
1,271,085
 
 
 
Granted
 
 
4,818,150
 
 
1.48
 
Vested
 
 
 
 
 
Forfeited
 
 
(47,388)
 
 
1.93
 
Outstanding, December 31, 2017
 
 
6,041,847
 
 
1.17
 
Expected to vest, December 31, 2017
 
 
6,041,847
 
 
1.17