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

STATUTORY RESERVES (Details)

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STATUTORY RESERVES (Details) - CNY (¥)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
STATUTORY RESERVES    
Required percentage of after tax profit transferred to general reserve fund 10.00%  
Percentage of registered capital limit for transfer of after tax profit to general reserve fund 50.00%  
Appropriation of after tax profit to general reserve fund ¥ 25,557,266 ¥ 62,309,344