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LAND USE RIGHTS, NET
12 Months Ended
Dec. 31, 2019
LAND USE RIGHTS, NET  
LAND USE RIGHTS, NET

10.   LAND USE RIGHTS, NET

Land use rights held by the Company represent operating lease prepayments and are amortized over the remaining term of the respective rights.

 

 

 

 

 

 

 

 

 

 

As of December 31, 

 

 

2018

 

2019

 

    

RMB

    

RMB

    

US$

Cost

 

159,494

 

249,804

 

35,882

Accumulated amortization

 

(12,001)

 

(16,650)

 

(2,392)

Land use rights, net

 

147,493

 

233,154

 

33,490

 

The carrying amounts of land use rights pledged by the Company to secure banking borrowings (Note 13) granted to the Company at the respective balance sheet dates were as follows:

 

 

 

 

 

 

 

 

 

 

As of December 31, 

 

 

2018

 

2019

 

    

RMB

    

RMB

    

US$

Land use rights

 

16,403

 

15,989

 

2,297