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Unaudited Condensed Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Mar. 31, 2023
CNY (¥)
Mar. 31, 2023
USD ($)
Dec. 31, 2022
CNY (¥)
Current assets      
Cash and cash equivalents ¥ 179,703 $ 26,167 ¥ 175,292
Accounts receivable, net 239,381 34,856 316,657
Prepaid expenses and other current assets 112,760 16,420 115,170
Amounts due from related parties 1,115
Investment in marketable security 42,126 6,134 40,548
Total current assets 573,970 83,577 648,782
Property and equipment, net 2,492 363 2,735
Intangible assets, net 417,336 60,769 419,055
Goodwill 172,781 25,159 172,781
Long term investment 237,458 34,577 234,176
Long term deposits and other assets 928 135 953
Right-of-use assets 17,479 2,545 19,209
Deferred tax assets 5,187 755 4,337
Total non-current assets 853,661 124,303 853,246
TOTAL ASSETS 1,427,631 207,880 1,502,028
Current liabilities      
Bank loan 5,000 728 5,000
Accounts payable 43,435 6,325 116,251
Accrued salary and employee benefits 14,767 2,150 12,428
Accrued expenses and other current liabilities 8,292 1,207 13,264
Current portion of contingent consideration – earn-out liability 8,854 1,289 4,336
Warrant liabilities 2,101 306 166
Income tax payable 17,973 2,617 13,531
Lease liabilities-current 9,229 1,344 7,174
Deferred revenue 88,416 12,874 93,383
Total current liabilities 198,067 28,840 265,533
Non-current liabilities      
Deferred tax liabilities 60,881 8,865 61,236
Lease liabilities-non-current 9,826 1,431 12,773
Total non-current liabilities 70,707 10,296 74,009
TOTAL LIABILITIES 268,774 39,136 339,542
Commitments and contingencies Shareholders’ equity*
Ordinary share, no par value, unlimited Class A ordinary shares and Class B ordinary shares authorized, 36,684,668 Class A ordinary shares and 2,925,058 Class B ordinary shares issued and outstanding as of December 31, 2022 and March 31,2023, respectively.    
Class A ordinary shares 398,773 58,066 396,880
Class B ordinary shares 23,896 3,479 23,896
Shares to be issued 33,923 4,940 33,923
Treasury stocks (16,482) (2,400) (16,482)
Statutory reserves 39,208 5,709 39,208
Retained earnings 661,949 96,387 665,099
Accumulated other comprehensive income 18,083 2,635 18,070
Total shareholders’ equity 1,159,350 168,816 1,160,594
Noncontrolling interest (493) (72) 1,892
Total equity 1,158,857 168,744 1,162,486
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY ¥ 1,427,631 $ 207,880 ¥ 1,502,028