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LEASES (Tables)
12 Months Ended
Dec. 31, 2019
LEASES  
Schedule of items related to operating lease in consolidated balance sheet

 

 

 

 

 

 

    

December 31, 2019

    

December 31, 2019

 

 

RMB

 

US$

 

 

 

 

(Note 3)

Operating lease right-of-use assets

 

9,257,604

 

1,329,772

Operating lease liabilities- current portion

 

3,407,670

 

489,481

Operating lease liabilities-non-current portion

 

6,251,705

 

898,001

 

 

 

 

 

 

Schedule of lease cost

 

 

 

 

 

 

 

 

    

Classification in Consolidated  

    

 

    

 

 

 

Statements of Operations  

 

 

 

 

 

 

and Comprehensive Loss

 

December 31, 2019

 

December 31, 2019

 

 

 

 

RMB

 

US$

 

 

 

 

 

 

(Note 3)

Operating lease cost

 

Operating expenses

 

1,606,340

 

230,736

Cost of other leases with terms less than one year

 

Operating expenses

 

82,232

 

11,812

Total

 

 

 

1,688,572

 

242,548

 

Schedule of maturities of operating lease liabilities

 

 

 

 

 

 

    

December 31, 2019

    

December 31, 2019

 

 

RMB

 

US$

 

 

 

 

(Note 3)

Due within one year

 

3,779,845

 

542,941

Due in the second year

 

3,995,768

 

573,956

Due in the third year

 

2,502,839

 

359,510

Total lease payments

 

10,278,452

 

1,476,407

Less: imputed interest

 

(619,077)

 

(88,925)

Total

 

9,659,375

 

1,387,482

 

Schedule of supplemental cash flow information related to operating leases

 

 

 

 

 

 

    

December 31, 2019

    

December 31, 2019

 

 

RMB

 

US$

 

 

 

 

(Note 3)

Cash paid for amounts included in the measurement of operating lease liabilities

 

1,271,769

 

182,678