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Intangible Assets, Net
6 Months Ended
Jun. 30, 2025
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

6. INTANGIBLE ASSETS, NET

 

Intangible assets, net consists of the following:

 

   As of
December 31,
   As of
June 30,
 
   2024   2025   2025 
   RMB   RMB   US$ 
At cost:            
Trademark   49,924    49,924    6,969 
Patent   122    122    17 
Copyright   238    257    36 
Software   9,993    9,993    1,395 
License acquired   371,700    371,700    51,887 
Total   431,977    431,996    60,304 
Less: accumulated amortization   (26,721)   (30,210)   (4,217)
Intangible assets, net   405,256    401,786    56,087 

 

For the six months ended December 31, 2024 and June 30, 2025, amortization expense was RMB3,479 and RMB 3,480 (US$486), respectively.

 

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

 

   Amortization   Amortization 
Twelve months ending June 30,  RMB   US$ 
2026   5,818    812 
2027   5,394    753 
2028   5,073    708 
2029   5,059    706 
2030   5,065    707 
Thereafter   3,777    527 
Total   30,186    4,213