Licensed Copyrights, Net

12 Months Ended

Dec. 31, 2022

Finite Lived License Agreements [Abstract]

LICENSED COPYRIGHTS, NET

7.LICENSED COPYRIGHTS, NET

	As of December 31, 2021
	Gross carrying value		Accumulated amortization			Impairment amount			Net carrying value
	RMB		RMB			RMB			RMB
Licensed copyrights
—Broadcasting rights		41,489,049		(33,016,890	)		(311,375	)		8,160,784
—Sublicensing rights		7,072,190		(7,043,743	)		—			28,447
		48,561,239		(40,060,633	)		(311,375	)		8,189,231
Less: current portion
—Broadcasting rights		8,591,506		(7,662,016	)		(26,748	)		902,742
—Sublicensing rights		7,072,190		(7,043,743	)		—			28,447
		15,663,696		(14,705,759	)		(26,748	)		931,189
Licensed copyrights—non-current
—Broadcasting rights		32,897,543		(25,354,874	)		(284,627	)		7,258,042
—Sublicensing rights		—		—			—			—
		32,897,543		(25,354,874	)		(284,627	)		7,258,042

	As of December 31, 2022
	Gross carrying value		Accumulated amortization			Impairment amount			Net carrying value
	RMB		RMB			RMB			RMB		US$
Licensed copyrights
—Broadcasting rights		43,217,278		(35,369,335	)		(261,256	)		7,586,687		1,099,966
—Sublicensing rights		7,399,172		(7,399,172	)		—			—		—
		50,616,450		(42,768,507	)		(261,256	)		7,586,687		1,099,966
Less: current portion
—Broadcasting rights		8,213,434		(7,448,077	)		(19,299	)		746,058		108,168
—Sublicensing rights		7,399,172		(7,399,172	)		—			—		—
		15,612,606		(14,847,249	)		(19,299	)		746,058		108,168
Licensed copyrights—non-current
—Broadcasting rights		35,003,844		(27,921,258	)		(241,957	)		6,840,629		991,798
—Sublicensing rights		—		—			—			—		—
		35,003,844		(27,921,258	)		(241,957	)		6,840,629		991,798

Amortization expense of RMB11,473,222, RMB10,082,541 and RMB7,780,928 (US$1,128,129) for the years ended December 31, 2020, 2021 and 2022, respectively, was recognized as cost of revenues.

Estimated amortization expense relating to the existing licensed copyrights for each of the next three years is as follows:

	RMB		US$
Within 1 year		3,028,318		439,065
Between 1 and 2 years		1,525,280		221,145
Between 2 and 3 years		1,067,625		154,791