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Goodwill
12 Months Ended
Dec. 31, 2024
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 2023 to 2024 was as follows:

 

 

 

2023

 

 

2024

 

 

2024

 

 

 

RMB

 

 

RMB

 

 

US$

 

Balance as of January 1

 

 

3,826,147

 

 

 

3,820,823

 

 

 

523,451

 

Disposal of subsidiaries or business

 

 

(5,324

)

 

 

 

 

 

 

Balance as of December 31

 

 

3,820,823

 

 

 

3,820,823

 

 

 

523,451

 

 

The fair value of the Group exceeded its carrying value as of December 31, 2023 and 2024, respectively, and therefore the Group’s goodwill was not impaired.