Intangible Assets

12 Months Ended

Dec. 31, 2023

Intangible Assets [Abstract]

INTANGIBLE ASSETS

8. INTANGIBLE ASSETS

Intangible assets, consists of the following:

	As of December 31,
	2022			2023			2023
	RMB			RMB			US$
At cost:
Trademark		50,102			49,875			7,026
Patent		122			122			17
Copyright		172			214			30
Software		9,985			9,993			1,407
License acquired		371,700			371,700			52,353
Total		432,081			431,904			60,833
Less: accumulated amortization		(13,026	)		(19,750	)		(2,782	)
Intangible assets, net		419,055			412,154			58,051

For the years ended December 31, 2021, 2022 and 2023, amortization expense was RMB4,090, RMB7,038 and RMB6,964 (US$981), respectively.

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

	Amortization		Amortization
Twelve months ending December 31,	RMB		US$
2024		6,967		981
2025		6,440		907
2026		5,695		802
2027		5,072		714
2028		5,051		711
Thereafter		11,394		1,605
Total		40,619		5,720