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Condensed Consolidated Statements of Income and Comprehensive Income Unaudited
¥ in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2021
CNY (¥)
¥ / shares
shares
Jun. 30, 2021
USD ($)
$ / shares
shares
Jun. 30, 2020
CNY (¥)
¥ / shares
shares
Income Statement [Abstract]      
Livestreaming - consumable virtual items revenue ¥ 733,166 $ 113,553 ¥ 437,023
Livestreaming - time based virtual items revenue 17,668 2,736 12,269
Technical services 7,423 1,150 2,152
Total revenues 758,257 117,439 451,444
Cost of revenues (598,189) (92,648) (340,858)
Gross profit 160,068 24,791 110,586
Operating expenses      
Sales and marketing expenses (2,584) (400) (2,512)
General and administrative expenses (24,395) (3,778) (8,699)
Recovery (provision) for doubtful accounts (3,645) (565) 3,143
Research and development expenses (23,514) (3,642) (13,043)
Total operating expenses (54,138) (8,385) (21,111)
Income from operations 105,930 16,406 89,475
Change in fair value of contingent consideration 23,545 3,647 77,898
Change in fair value of warrants liability 10,854 1,681
Change in fair value of investment in marketable security 27,608 4,276
Interest income 1,431 222 1,349
Interest expense (241) (37)
Other (expenses) income, net 102 16 (5,255)
Foreign exchange loss, net (40) (6) (168)
Income before income taxes 169,189 26,205 163,299
Income tax expenses (6,178) (957) (3,944)
Net income 163,011 25,248 159,355
Other comprehensive (loss) income - foreign currency translation adjustment 748 116 (1,079)
Comprehensive income attributable to the Company’s shareholders ¥ 163,759 $ 25,364 ¥ 158,276
Weighted average number of shares      
Basic (in Shares) 30,669,789 30,669,789 20,563,860
Diluted (in Shares) 30,669,789 30,669,789 20,563,860
Earnings per share      
Basic (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 5.32 $ 0.82 ¥ 7.75
Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 5.32 $ 0.82 ¥ 7.75
Net income ¥ 163,011 $ 25,248 ¥ 159,355
Less:      
Change in fair value of contingent consideration 23,545 3,647 77,898
Change in fair value of warrants liability 10,854 1,681
Adjusted net income ¥ 128,612 $ 19,920 ¥ 81,457
Adjusted net income per ordinary share*      
Basic (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 4.19 $ 0.65 ¥ 3.96
Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 4.19 $ 0.65 ¥ 3.96