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Goodwill
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL
10.
GOODWILL

The Company has one reporting unit and the changes in the carrying amount of goodwill from 2022 to 2023 was as follows:

 

 

 

2022

 

 

2023

 

 

2023

 

 

 

RMB

 

 

RMB

 

 

US$

 

Balance as of January 1

 

 

3,888,346

 

 

 

3,826,147

 

 

 

538,902

 

Disposal of subsidiaries or business

 

 

(62,199

)

 

 

(5,324

)

 

 

(750

)

Balance as of December 31

 

 

3,826,147

 

 

 

3,820,823

 

 

 

538,152

 

 

The fair value of the Group exceeded its carrying value as of December 31, 2022 and 2023, respectively, and therefore the Group’s goodwill was not impaired.