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Other Assets
 12 Months Ended
Dec. 31, 2011
Other Assets
11. OTHER ASSETS

The other assets as of December 31, 2010 and 2011 are as follows:

 

     December 31,  
     2010     2011  
     (RMB)     (RMB)     (US$)  

Land use right

      85,239,597        85,239,597        13,543,208   

Deposit for purchase for office building

      18,921,000        —          —     

Accumulated amortization

      (2,318,517 )      (4,057,405 )      (644,657 ) 
  

 

 

    

 

 

    

 

 

  

Other asset, net

      101,842,080        81,182,192        12,898,551   
  

 

 

    

 

 

    

 

 

  

In June 2009, the Group made a prepayment for the purchase of a land use right amounting to RMB85,239,597 in Zhuhai Hi-Tech Industrial Area in Guangdong Province.

In June 2010, the Group made a deposit for the purchase of an office building amounting to RMB18,921,000 in Shanghai, pursuant to which total consideration of the office building (Note 6) was paid and the legal title of the building was transferred to the Company during 2011.