Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

OPERATING LEASES

v3.19.1
OPERATING LEASES
12 Months Ended
Dec. 31, 2018
OPERATING LEASES  
OPERATING LEASES

(19)   OPERATING LEASES

 

Minimum rental income under operating lease is recognized on a straight-line basis over the term of the lease, including any periods of free rent.

 

Property on Operating Lease

 

 

 

 

 

 

 

    

December 31, 2017

    

December 31, 2018

 

 

RMB

 

RMB

Building

 

53,049,213

 

53,049,213

Less: Accumulated depreciation

 

(15,149,677)

 

(16,932,130)

 

 

37,899,536

 

36,117,083

 

Rentals under Operating Lease

 

Future minimum rental income under non-cancelable operating lease as of December 31, 2018 are:

 

 

 

 

 

    

Minimum

 

 

Rentals Amount

 

 

RMB

Year ended December 31:

 

 

2019

 

3,630,265

2020

 

598,355

2021

 

 —

2022

 

 —

2023

 

 —

 

 

4,228,620