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Unaudited Condensed Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Jun. 30, 2022
CNY (¥)
Jun. 30, 2022
USD ($)
Dec. 31, 2021
CNY (¥)
Current assets      
Cash and cash equivalents ¥ 175,428 $ 26,191 ¥ 240,947
Accounts receivable, net 378,452 56,501 206,307
Prepaid expenses and other current assets 84,570 12,626 165,409
Amounts due from related parties 1,052 157 1,059
Investment in marketable security 39,655 5,920 38,789
Total current assets 679,157 101,395 652,511
Property and equipment, net 2,147 321 1,674
Intangible assets, net 422,484 63,075 235,870
Goodwill 172,781 25,796 92,069
Long term investment 177,324 26,474 101,727
Long term deposits and other assets 1,209 180 1,152
Deferred tax assets 4,273 638 4,352
Right of use assets 11,158 1,666
Total non-current assets 791,376 118,150 436,844
TOTAL ASSETS 1,470,533 219,545 1,089,355
Current liabilities      
Accounts payable 109,898 16,409 85,801
Accrued salary and employee benefits 12,229 1,826 24,533
Accrued expenses and other current liabilities 5,022 750 16,181
Current portion of contingent consideration – earn-out liability 12,901 1,926 10,638
Warrant liabilities 2,210 330 10,324
Income tax payable 10,043 1,499 8,282
Deferred revenue 122,324 18,262 65,405
Lease liabilities-current 4,597 686
Total current liabilities 279,224 41,688 221,164
Non-current liabilities      
Deferred tax liabilities 61,945 9,248 58,746
Contingent consideration – earn-out liability 6,822 1,018
Lease liabilities-non-current 6,210 927
Total non-current liabilities 74,977 11,193 58,746
TOTAL LIABILITIES 354,201 52,881 279,910
Commitments and contingencies Shareholders’ equity [1]
Ordinary share, no par value, unlimited shares authorized 28,219,583 Class A ordinary shares and 2,625,058 Class B ordinary shares issued and outstanding as of December 31, 2021, 35,359,054 Class A ordinary shares and 2,925,058 Class B ordinary shares issued and outstanding as of June 30, 2022, respectively [1]
Class A ordinary shares 437,076 65,253 140,196
Class B ordinary shares 23,896 3,568 13,041
Shares to be issued     128,119
Statutory reserves 35,759 5,339 31,775
Retained earnings 626,115 93,477 479,199
Accumulated other comprehensive income 17,681 2,640 17,115
Total shareholders’ equity 1,116,631 166,709 809,445
Non-controlling interests (299) (45)
Total equity 1,116,332 166,664 809,445
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY ¥ 1,470,533 $ 219,545 ¥ 1,089,355
[1] Ordinary shares and share data have been retroactively restated to give effect to the reverse recapitalization