Accounts Receivable, Net

12 Months Ended

Dec. 31, 2020

Credit Loss, Additional Improvements [Abstract]

ACCOUNTS RECEIVABLE, NET

5. ACCOUNTS RECEIVABLE, NET

Accounts receivable and allowance for doubtful accounts consist of the following:

	As of December 31,
	2019			2020			2020
	RMB			RMB			USD
Accounts receivable		130,376			232,027			35,559
Less: allowance for doubtful accounts		(10,266	)		(3,813	)		(584	)
Accounts receivable, net		120,110			228,214			34,975

An analysis of the allowance for doubtful accounts is as follows:

	For the years ended December 31,
	2018		2019		2020			2020
	RMB		RMB		RMB			USD
Balance, beginning of year		2,606		9,432		10,266			1,573
Bad debt allowances from acquisition		-		-		1,800			276
Additions		6,826		834		-			-
Recovery		-		-		(8,253	)		(1,265	)
Balance, end of year		9,432		10,266		3,813			584

Two unrelated distributors accounted for 67.9% and 14.2% of the Company’s accounts receivable as of December 31, 2020, respectively. Three unrelated distributors accounted for 38.7%, 35.9% and 15.3% of the Company’s accounts receivable as of December 31, 2019, respectively.