| PROPERTY, PLANT AND EQUIPMENT, NET |
|
9. |
PROPERTY, PLANT AND EQUIPMENT, NET |
Property, plant and equipment,
net consists of the following:
| | |
As of December 31, | |
| | |
2023 | | |
2024 | | |
2024 | |
| | |
RMB | | |
RMB | | |
USD | |
| Land | |
| — | | |
| 40,972,933 | | |
| 5,613,269 | |
| Buildings and plants | |
| 685,779,415 | | |
| 562,423,983 | | |
| 77,051,770 | |
| Leasehold improvements | |
| 654,857,745 | | |
| 651,694,871 | | |
| 89,281,831 | |
| Furniture, fixtures and equipment | |
| 286,033,440 | | |
| 244,771,734 | | |
| 33,533,590 | |
| Motor vehicles | |
| 9,358,564 | | |
| 9,476,389 | | |
| 1,298,260 | |
| Total | |
| 1,636,029,164 | | |
| 1,509,339,910 | | |
| 206,778,720 | |
| Less: | |
| | | |
| | | |
| | |
| Accumulated depreciation | |
| (841,035,233 | ) | |
| (862,489,629 | ) | |
| (118,160,595 | ) |
| | |
| | | |
| | | |
| | |
| Construction in progress | |
| 19,955,095 | | |
| 2,677,929 | | |
| 366,875 | |
| Property, plant and equipment, net | |
| 814,949,026 | | |
| 649,528,210 | | |
| 88,985,000 | |
Depreciation expense
was RMB119,299,006, RMB110,184,167 and RMB110,979,569 (USD15,204,139) for the years ended December 31, 2022, 2023 and
2024, respectively.
|