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Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Share-based Compensation Expense Included in Relevant Financial Statement

The following table sets forth the amount of share-based compensation expense included in each of the relevant financial statement line items:

		Year ended December 31,
		2019				2020				2021				2021
		RMB				RMB				RMB				US$
Cost of revenues			171,053				201,970				173,263				27,189
Selling, general and administrative			675,278				851,416				718,377				112,728
Research and development			238,189				316,709				327,523				51,396
			1,084,520				1,370,095				1,219,163				191,313

Summary of Option Activity

The following table sets forth the summary of option activity under the Company’s 2010 Plan:

		Options Outstanding				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life				Aggregate Intrinsic Value
						(US$)				(In years)				(US$ in thousands)
Outstanding, December 31, 2020			420,698,274				0.49
Granted			2,583,000				0.51
Forfeited/Expired			(16,151,880	)			0.51
Exercised			(65,463,860	)			0.43
Outstanding, December 31, 2021			341,665,534				0.49				6.53				56,758
Vested and expected to vest as of December 31, 2021			335,342,645				0.48				6.50				55,875
Exercisable as of December 31, 2021			253,949,473				0.48				6.02				44,517

Schedule of Assumptions Used to Value Share Options Granted to Employees and Non-Employees

The assumptions used to value the share options granted to employees and non-employees were as follows:

Year Ended December 31,

2019

2020

2021

Fair value of ordinary shares (US$)

2.27~3.88

2.60~3.42

2.14~3.13

Risk-free interest rate (%)

1.64~2.76

0.60~0.78

0.93~1.57

Expected volatility (%)

39.6~51.0

48.2~50.4

47.2~48.0

Expected dividend yield

—

—

—

Expected exercise multiple

2.3

2.2~2.8

2.2~2.8

Summary of Restricted Shares Units Activity

The following table sets forth the summary of RSU activity under the Company’s 2017 Plan:

		Number of shares
Restricted Shares
Unvested, December 31, 2020			44,000
Vested			(44,000	)
Forfeited			—
Unvested, December 31, 2021			-