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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income
¥ in Thousands, $ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2023
CNY (¥)
¥ / shares
shares
Jun. 30, 2023
USD ($)
$ / shares
shares
Jun. 30, 2022
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
shares
Dec. 31, 2021
CNY (¥)
¥ / shares
shares
Dec. 31, 2020
CNY (¥)
¥ / shares
shares
Income Statement [Abstract]              
Livestreaming - consumable virtual items revenue ¥ 640,740 $ 88,362 ¥ 940,768 ¥ 1,886,179 $ 273,470 ¥ 1,617,056 ¥ 1,187,431
Livestreaming - time based virtual items revenue 11,890 1,640 14,382 27,683 4,014 32,905 29,596
Technical services and others 14,812 2,042 14,823 39,395 5,712 19,397 5,156
Total revenues 667,442 92,044 969,973 1,953,257 283,196 1,669,358 1,222,183
Cost of revenues (576,913) (79,560) (762,345) (1,670,068) (242,137) (1,364,902) (959,939)
Gross profit 90,529 12,484 207,628 283,189 41,059 304,456 262,244
Operating expenses              
Sales and marketing expenses (466) (64) (1,036) (2,127) (308) (4,807) (10,121)
General and administrative expenses (36,457) (5,028) (34,514) (61,005) (8,845) (65,233) (33,889)
Provision for doubtful accounts (2,230) (308) (3,094) (2,739) (397) 1,592 8,253
Research and development expenses (34,945) (4,819) (35,128) (67,538) (9,792) (70,039) (31,780)
Total operating expenses (74,098) (10,219) (73,772)        
Income from operations 16,431 2,265 133,856 149,780 21,717 165,969 194,707
Change in fair value of contingent consideration (1,978) (273) 10,790 13,071 1,895 (33,584) (14,068)
Change in fair value of warrants liability 153 21 8,382 10,776 1,562 16,421 3,904
Change in fair value of investment 65,148 8,984 867 1,760 255 25,831
Investment income (loss) (4,088) (564) 597 25,449 3,690 (2,998)
Interest income 1,182 163 1,251 2,506 363 3,962 2,960
Interest expense (87) (12) (13)        
Other income, net 525 72 86 11,443 1,659 (90) (4,702)
Foreign exchange gain (loss), net 1,421 196 (453) (1,493) (216) 105 703
Income before income taxes 78,707 10,852 155,363 213,292 30,925 175,616 183,504
Income tax benefits (expenses) 632 87 (4,762) (18,067) (2,619) (5,604) (7,404)
Net income 79,339 10,939 150,601 195,225 28,306 170,012 176,100
Less: net income (loss) attributable to noncontrolling interest (2,247) (310) (299) 1,892 274
Net income attributable to the Company’s shareholders 81,586 11,249 150,900 193,333 28,032 170,012 176,100
Other comprehensive income:              
Other comprehensive income (loss) - foreign currency translation adjustment (498) (69) 566 955 138 2,313 14,802
Comprehensive income 78,841 10,870 151,167 196,180 28,444 172,325 190,902
Less: comprehensive income (loss) attributable to non-controlling interests (2,247) (310) (299) 1,892 274
Comprehensive income attributable to the Company’s shareholders ¥ 81,088 $ 11,180 ¥ 151,466 ¥ 194,288 $ 28,170 ¥ 172,325 ¥ 190,902
Weighted average number of shares*              
Basic (in Shares) 40,447,415 40,447,415 37,122,362 39,263,147 [1] 39,263,147 [1] 30,842,183 [1] 23,287,706 [1]
Diluted (in Shares) 40,660,023 40,660,023 37,122,362 39,263,147 [1] 39,263,147 [1] 30,842,183 [1] 26,828,666 [1]
Earnings per share              
Basic (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 2.02 $ 0.28 ¥ 4.06 ¥ 4.92 $ 0.71 ¥ 5.51 ¥ 7.56
Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ 2.01 $ 0.28 ¥ 4.06 ¥ 4.92 $ 0.71 ¥ 5.51 ¥ 6.56
[1] Ordinary shares and share data have been retroactively restated to give effect to the reverse recapitalization.