Intangible Assets, Net

12 Months Ended

Dec. 31, 2024

Intangible Assets, Net [Abstract]

INTANGIBLE ASSETS, NET

8. INTANGIBLE ASSETS, NET

Intangible assets, net consists of the following:

	As of December 31,
	2023			2024			2024
	RMB			RMB			US$
At cost:
Trademark		49,875			49,924			6,840
Patent		122			122			17
Copyright		214			238			33
Software		9,993			9,993			1,369
License acquired		371,700			371,700			50,922
Total		431,904			431,977			59,181
Less: accumulated amortization		(19,750	)		(26,721	)		(3,661	)
Intangible assets, net		412,154			405,256			55,520

For the years ended December 31, 2022, 2023 and 2024, amortization expense was RMB7,038, RMB6,964 and RMB 6,969 (US$955), 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$
2025		6,450		884
2026		5,704		781
2027		5,082		696
2028		5,061		693
2029		5,054		692
Thereafter		6,305		864
Total		33,656		4,610