Related Party Balances and Transactions

12 Months Ended

Dec. 31, 2021

Related Party Transactions [Abstract]

RELATED PARTY BALANCES AND TRANSACTIONS

12. RELATED PARTY BALANCES AND TRANSACTIONS

In addition to the information disclosed elsewhere in the financial statements, the principal related parties with which the Company had transactions during the years presented are as follows:

Name of Related Parties	Relationship with the Company
Mr. He Xiaowu	Chief Executive Officer and Chairman of the Board
Sixiang Times (Beijing) Technology Co., Ltd.	Where the Company’s executive is one of the major shareholders
Beijing Junwei Technology Co., Ltd.	Controlling shareholder of SG and HX
Beijing WanPu Century Technology Co Ltd	Subsidiary company of Beijing NQ Mobile Inc., which was holding company of Sixiang Times (Beijing) Technology Co., Ltd
Lavacano Holdings Limited	Where Mr. He Xiaowu acted as director
ENMOLI INC	Where Mr. He Xiaowu acted as director
Dingsheng Taifu (Tianjin) Business Information Consulting Partnership (Limited Partnership)	Controlled by a direct relative of CEO

For the years ended December 31, 2019, 2020 and 2021, significant related party transactions were as follows:

		For the years ended December 31,
		2019		2020		2021		2021
		RMB		RMB		RMB		USD
Beijing WanPu Century Technology Co Ltd	Market promotion expenses		16		-		-		-
Sixiang Times (Beijing) Technology Co., Ltd.	Rental and service fees		986		2,106		531		83
ENMOLI INC	Interest expense		-		-		480		75
Dingsheng Taifu (Tianjin) Business Information Consulting Partnership (Limited Partnership)	Interest income		-		-		462		72

As of December 31, 2020 and 2021, the amounts due from related parties are as follows:

	2020		2021		2021
	RMB		RMB		USD
Amount due from related parties
Lavacano Holdings Limited		7		7		1
Dingsheng Taifu (Tianjin) Business Information Consulting Partnership (Limited Partnership) . (1)				1,052		165
Total		7		1,059		166

1) The balance represented loan receivable balance from Dingsheng Taifu (Tianjin) Business Information Consulting Partnership (Limited Partnership). The loan was interest free and due on December 31, 2022.