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Licensed Copyrights, Net (Tables)
12 Months Ended
Dec. 31, 2024
Finite Lived License Agreements [Line Items]  
Schedule of Licensed Copyrights, Net

 

 

As of December 31, 2023

 

 

 

Gross carrying
value

 

 

Accumulated
amortization

 

 

Impairment
amount

 

 

Net carrying value

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

Licensed copyrights

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

44,838,191

 

 

 

(37,060,309

)

 

 

(228,853

)

 

 

7,549,029

 

—Sublicensing rights

 

 

7,667,525

 

 

 

(7,667,525

)

 

 

 

 

 

 

 

 

 

52,505,716

 

 

 

(44,727,834

)

 

 

(228,853

)

 

 

7,549,029

 

Less: current portion

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

7,773,805

 

 

 

(7,177,844

)

 

 

(13,440

)

 

 

582,521

 

—Sublicensing rights

 

 

7,667,525

 

 

 

(7,667,525

)

 

 

 

 

 

 

 

 

 

15,441,330

 

 

 

(14,845,369

)

 

 

(13,440

)

 

 

582,521

 

Licensed copyrights—non-current

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

37,064,386

 

 

 

(29,882,465

)

 

 

(215,413

)

 

 

6,966,508

 

—Sublicensing rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

37,064,386

 

 

 

(29,882,465

)

 

 

(215,413

)

 

 

6,966,508

 

 

 

 

 

As of December 31, 2024

 

 

 

Gross carrying
value

 

 

Accumulated
amortization

 

 

Impairment
amount

 

 

Net carrying value

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

 

US$

 

Licensed copyrights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

46,578,345

 

 

 

(39,058,192

)

 

 

(201,382

)

 

 

7,318,771

 

 

 

1,002,667

 

—Sublicensing rights

 

 

8,338,409

 

 

 

(8,338,409

)

 

 

 

 

 

 

 

 

 

 

 

 

54,916,754

 

 

 

(47,396,601

)

 

 

(201,382

)

 

 

7,318,771

 

 

 

1,002,667

 

Less: current portion

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

7,600,279

 

 

 

(7,202,541

)

 

 

(9,020

)

 

 

388,718

 

 

 

53,254

 

—Sublicensing rights

 

 

8,338,409

 

 

 

(8,338,409

)

 

 

 

 

 

 

 

 

 

 

 

 

15,938,688

 

 

 

(15,540,950

)

 

 

(9,020

)

 

 

388,718

 

 

 

53,254

 

Licensed copyrights—non-current

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

38,978,066

 

 

 

(31,855,651

)

 

 

(192,362

)

 

 

6,930,053

 

 

 

949,413

 

—Sublicensing rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

38,978,066

 

 

 

(31,855,651

)

 

 

(192,362

)

 

 

6,930,053

 

 

 

949,413

 

Licensed Copyrights  
Finite Lived License Agreements [Line Items]  
Summary of Estimated Amortization Expense Relating to Licensed Copyrights

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

 

 

 

RMB

 

 

US$

 

Within 1 year

 

 

2,883,428

 

 

 

395,028

 

Between 1 and 2 years

 

 

1,595,092

 

 

 

218,527

 

Between 2 and 3 years

 

 

1,032,611

 

 

 

141,467