INCOME TAX (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

SCHEDULE OF COMPONENTS OF LOSS BEFORE INCOME TAXES

The components of loss before income taxes are as follows:

	Year ended December 31,
	2020			2021			2022
	RMB			RMB			RMB
The Cayman Islands*		(173,957	)		(453,788	)		(345,945	)
Hong Kong S.A.R*		(1,223	)		19,023			(34,946	)
Japan*		10,169			(3,159	)		(27,883	)
The PRC, excluding Hong Kong S.A.R.		(259,099	)		(455,408	)		(567,467	)
Total		(424,110	)		(893,332	)		(976,241	)

* Non PRC entities not subject to income tax

SCHEDULE OF CURRENT AND DEFERRED PORTION OF INCOME TAX (BENEFIT)/EXPENSE

Income tax expense recognized in the consolidated statements of comprehensive loss consists of the following:

	Year ended December 31,
	2020			2021		2022
	RMB			RMB		RMB
Current income tax expense		1,201			5,998		8,464
Deferred income tax benefit (expense)		(74	)		5,122		(8,806	)
Total income tax expense		1,127			11,120		(342	)

SCHEDULE OF RECONCILIATION OF DIFFERENCES BETWEEN THE INCOME TAX BENEFIT

Reconciliation of the differences between the income tax benefit computed based on the PRC statutory income tax rate and the Group’s income tax expense for the years ended December 31, 2020, 2021 and 2022 are as follows:

	Year ended December 31,
	2020			2021			2022
	RMB			RMB			RMB
Computed expected income tax benefit		(106,028	)		(223,333	)		(244,060	)
Non-deductible expenses / taxable deemed income
Share-based compensation		33,566			66,705			26,865
Non-deductible entertainment		577			940			1,240
Uninvoiced expenditures		217			-			-
Taxable deemed interest income from inter-company interest-free loans		2,155			6,659			2,659
Non-deductible IPO fees		2,210			824			-
Employee commercial Insurance		110			372			291
Effect of withholding tax at 7% on the interest income of a PRC subsidiary		-			1,144			2,121
Selling Commission		581			2,072			1,003
Others		46			63			109
Non-PRC entities not subject to income tax		7,296			47,479			66,530
Effect of income tax rate differences in jurisdictions other than the PRC		-			(2,334	)		2,964
Over provision in respect of prior years		104			4,883			203
NOL expired		200			8,635			38,871
Amortization of intangible assets formed by business combinations		(74	)		(536	)		(8,806	)
Others		-			813			1,701
Changes in valuation allowance		60,167			96,734			107,967
Actual income tax expense		1,127			11,120			(342	)

SCHEDULE OF DEFERRED INCOME TAX ASSETS

	December 31,
	2020			2021			2022
	RMB			RMB			RMB
Net operating loss carry forwards		218,478			280,865			349,681
Uninvoiced expenditures		6,204			9,867			9,867
Accounts receivable and contract assets allowance		12,707			16,486			22,172
Other equity investments impairment		10,337			11,412			12,777
Goodwill impairment		1,417			38,690			55,534
Share of losses of equity method investments		174			149			641
Others		9			1			2,050
Less: Valuation allowance		(239,007	)		(335,339	)		(443,306	)
Total deferred income tax assets, net		10,319			22,131			9,416
Intangible assets		(185	)		(8,883	)		(1,285	)
Equity method investment on the gain from the disposal of a subsidiary		-			(2,766	)		(2,766	)
Change in fair value of other equity investments		(10,319	)		(19,365	)		(6,650	)
Total gross deferred income tax liabilities		(10,504	)		(31,014	)		(10,701	)
Net deferred income tax assets		(185	)		(8,883	)		(1,285	)

SCHEDULE OF TAX LOSS CARRY FORWARDS FOR PRC INCOME TAX PURPOSE

Year ending December 31,	RMB
2023		134,456
2024		49,989
2025		76,725
2026		268,086
2027		288,277
Then thereafter		780,504
Total		1,598,037

SCHEDULE OF CHANGES IN VALUATION ALLOWANCE

Changes in valuation allowance are as follows:

	Year ended December 31,
	2020			2021			2022
	RMB			RMB			RMB
Balance at the beginning of the year		(180,643	)		(239,007	)		(335,339	)
Additions		(60,167	)		(96,734	)		(107,967	)
Decrease upon disposal of a subsidiary		1,803			402			—
Balance at the end of the year		(239,007	)		(335,339	)		(443,306	)