|
RELATED PARTY TRANSACTIONS (Tables)
|
12 Months Ended |
|
Dec. 31, 2013
|
| RELATED PARTY TRANSACTIONS |
|
| Schedule of principal related parties with which the entity had transactions |
|
Name of related parties |
|
Relationship with the Group |
|
China Hydro LLC |
|
A shareholder of the Company |
|
CPI Ballpark Investments Ltd. |
|
A shareholder of the Company |
|
Kuhns Brothers, Inc. |
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A company owned by the former CEO, who resigned on September 30, 2012 |
|
China New Energy Group Company |
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A company controlled by the former CEO, who resigned on September 30, 2012 |
|
Lantian |
|
Noncontrolling interest in Wuyue |
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Nanping City Xingshui Co., Ltd. |
|
Noncontrolling interest in Jinlong |
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Xiamen Youen Hydropower Development Co., Ltd.(“Xiamen Youen”) |
|
Noncontrolling interest in Jintang and Jinwei before June 23, 2013 |
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Sanming Youxin Electric Power Industrial Co., Ltd. (“Sanming Youxin”) |
|
Noncontrolling interest in Jintang and Jinwei after June 23, 2013 |
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| Schedule of expense paid on behalf by related parties |
|
|
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For the Years Ended December 31, |
|
|
|
|
2011 |
|
2012 |
|
2013 |
|
|
|
|
US$ |
|
US$ |
|
US$ |
|
|
Expense paid on behalf by related parties: |
|
|
|
|
|
|
|
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Kuhns Brothers, Inc. |
|
90 |
|
— |
|
— |
|
|
|
|
90 |
|
— |
|
— |
|
|
| Schedule of reimbursement of expenses |
|
|
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For the Years Ended December 31, |
|
|
|
|
2011 |
|
2012 |
|
2013 |
|
|
|
|
US$ |
|
US$ |
|
US$ |
|
|
Reimbursement of expenses: |
|
|
|
|
|
|
|
|
CPI Ballpark Investments Ltd. |
|
— |
|
269 |
|
20 |
|
|
| Schedule of loans to related parties |
|
|
|
For the Years Ended December 31, |
|
|
|
|
2011 |
|
2012 |
|
2013 |
|
|
|
|
US$ |
|
US$ |
|
US$ |
|
|
Loans to related parties: |
|
|
|
|
|
|
|
|
China New Energy Group Company |
|
— |
|
86 |
|
— |
|
|
| Schedule of loans from and prepayment to related parties |
|
|
|
For the Years Ended December 31, |
|
|
|
|
2011 |
|
2012 |
|
2013 |
|
|
|
|
US$ |
|
US$ |
|
US$ |
|
|
Loans from related parties: |
|
|
|
|
|
|
|
|
Lantian |
|
— |
|
— |
|
402 |
|
|
Xiamen Youen |
|
1,263 |
|
572 |
|
212 |
|
|
Sanming Youxin |
|
— |
|
— |
|
1,420 |
|
|
|
|
|
|
|
|
|
|
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Repayment of loans from related parties: |
|
|
|
|
|
|
|
|
Xiamen Youen |
|
— |
|
69 |
|
— |
|
|
Sanming Youxin |
|
— |
|
— |
|
5,585 |
|
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| Schedule of related party balances |
|
|
|
December 31, |
|
|
|
|
2012 |
|
2013 |
|
|
|
|
US$ |
|
US$ |
|
|
Amounts due from related parties: |
|
|
|
|
|
|
China New Energy Group Company |
|
86 |
|
— |
|
|
Lantian |
|
1,338 |
|
1,379 |
|
|
Less: Allowance for doubtful accounts |
|
(1,338 |
) |
(1,379 |
) |
|
|
|
86 |
|
— |
|
|
|
|
|
|
|
|
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Amounts due to related parties: |
|
|
|
|
|
|
CPI Ballpark Investments Ltd. |
|
2 |
|
1 |
|
|
Nanping City Xingshui Co., Ltd. |
|
1,494 |
|
1,540 |
|
|
Lantian |
|
— |
|
408 |
|
|
Xiamen Youen |
|
11,209 |
|
— |
|
|
Sanming Youxin |
|
— |
|
7,542 |
|
|
|
|
12,705 |
|
9,491 |
|
|