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Intangible Assets
12 Months Ended
Dec. 31, 2022
Intangible Assets [Abstract]  
INTANGIBLE ASSETS

8. INTANGIBLE ASSETS

 

Intangible assets, consists of the following:

 

   As of December 31, 
   2021   2022   2022 
   RMB   RMB   USD 
At cost:            
Trademark   26,956    50,102    7,264 
Patent   122    122    18 
Copyright   140    172    25 
Software   6,995    9,985    1,448 
License acquired   207,600    371,700    53,891 
Total   241,813    432,081    62,646 
Less: accumulated depreciation   (5,943)   (13,026)   (1,889)
Intangible assets, net   235,870    419,055    60,757 

 

For the years ended December 31, 2020, 2021 and 2022, amortization expense was RMB1,749, RMB4,090 and RMB7,038 (US$1,020), respectively.

 

The estimated annual amortization expense for each of the five succeeding fiscal years is as follow:

 

   Amortization   Amortization 
  RMB   USD 
Twelve months ending December 31,        
2023   6,961    1,009 
2024   6,961    1,009 
2025   6,434    933 
2026   5,688    825 
2027   5,066    735 
Thereafter   16,345    2,370 
Total   47,455    6,881