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Unaudited Condensed Consolidated Statements of Income and Comprehensive Income
¥ in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
CNY (¥)
¥ / shares
shares
Jun. 30, 2022
USD ($)
$ / shares
shares
Jun. 30, 2021
CNY (¥)
¥ / shares
shares
Jun. 30, 2022
CNY (¥)
¥ / shares
shares
Jun. 30, 2022
USD ($)
$ / shares
shares
Jun. 30, 2021
CNY (¥)
¥ / shares
shares
Income Statement [Abstract]            
Live streaming - consumable virtual items revenue ¥ 495,429 $ 73,966 ¥ 378,930 ¥ 940,768 $ 140,453 ¥ 733,166
Live streaming - time based virtual items revenue 6,917 1,033 8,570 14,382 2,147 17,668
Technical services 4,182 624 5,726 14,823 2,213 7,423
Total revenues 506,528 75,623 393,226 969,973 144,813 758,257
Cost of revenues (413,376) (61,715) (313,297) (762,345) (113,815) (598,189)
Gross profit 93,152 13,908 79,929 207,628 30,998 160,068
Operating expenses            
Sales and marketing expenses (452) (67) (1,480) (1,036) (155) (2,584)
General and administrative expenses (15,406) (2,300) (15,548) (34,514) (5,153) (24,395)
Recovery of (provision for) doubtful accounts (3,353) (501) (3,197) (3,094) (462) (3,645)
Research and development expenses (18,313) (2,734) (13,951) (35,128) (5,244) (23,514)
Total operating expenses (37,524) (5,602) (34,176) (73,772) (11,014) (54,138)
Income from operations 55,628 8,306 45,753 133,856 19,984 105,930
Change in fair value of contingent consideration 6,050 903 35,323 10,790 1,611 23,545
Change in fair value of warrants liability 3,883 580 11,632 8,382 1,251 10,854
Change in fair value of investment 752 112 1,440 1,464 219 27,608
Interest income 755 113 693 1,251 187 1,431
Interest expense (13) (2) (124) (13) (2) (241)
Other expenses, net 26 4 102 86 13 102
Foreign exchange gain (loss), net (513) (77) 53 (453) (68) (40)
Income before income taxes 66,568 9,939 94,872 155,363 23,195 169,189
Income tax benefits (expenses) 807 120 (2,819) (4,762) (711) (6,178)
Net income 67,375 10,059 92,053 150,601 22,484 163,011
Less: net loss attributable to noncontrolling interest (299) (45) (299) (45)  
Net income attributable to the Company’s shareholders 67,674 10,104 92,053 150,900 22,529 163,011
Other comprehensive income:            
Other comprehensive income - foreign currency translation adjustment 602 90 1,234 566 85 748
Comprehensive income 67,977 10,149 93,287 151,167 22,569 163,759
Less: comprehensive loss attributable to non-controlling interests (299) (45)   (299) (45)  
Comprehensive income attributable to the Company’s shareholders ¥ 68,276 $ 10,194 ¥ 93,287 ¥ 151,466 $ 22,614 ¥ 163,759
Basic (in Shares) 38,602,936 38,602,936 30,756,702 37,122,362 37,122,362 30,669,789
Diluted (in Shares) 38,602,936 38,602,936 30,756,702 37,122,362 37,122,362 30,669,789
Basic (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 1.75 $ 0.26 ¥ 2.99 ¥ 4.06 $ 0.61 ¥ 5.32
Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 1.75 $ 0.26 ¥ 2.99 ¥ 4.06 $ 0.61 ¥ 5.32