PARENT ONLY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2022

Condensed Financial Information Disclosure [Abstract]

SCHEDULE OF CONDENSED BALANCE SHEETS

	December 31,
	2021			2022
	RMB			RMB
Assets
Current assets
Cash		35,660			64,344
Term deposits		1,342,085			713,872
Short-term investments		127,514			62,681
Other current assets		7,556			13
Total current assets		1,512,815			840,910
Non-current asset:
Investments in and amounts due from subsidiaries and consolidated VIE and VIE’s subsidiaries		850,554			857,362
Total non-current asset		850,554			857,362
Total assets		2,363,369			1,698,272
Liabilities
Current liabilities
Accrued expenses and other current liabilities…		57,033			135,054
Total current liabilities		57,033			135,054
Total liabilities		57,033			135,054
Shareholders’ equity:
Class A Ordinary Shares		192			193
Class B Ordinary Shares		17			17
Additional paid-in capital		11,066,975			11,184,360
Treasury stock		(81,638	)		(120,899	)
Accumulated other comprehensive loss		(232,268	)		(78,613	)
Accumulated deficit		(8,446,942	)		(9,421,840	)
Total shareholders’ equity		2,306,336			1,563,218
Total liabilities and shareholders’ equity		2,363,369			1,698,272

SCHEDULE OF CONDENSED STATEMENTS OF COMPREHENSIVE LOSS

	Year ended December 31,
	2020			2021			2022
	RMB			RMB			RMB
Total operating expenses		(120,031	)		(280,773	)		(238,074	)
Change in fair value of warrant liabilities		(61,465	)		(29,011	)		-
Share of losses from subsidiaries and consolidated VIE and VIE’s subsidiaries		(243,736	)		(594,075	)		(736,824	)
Loss before income taxes		(425,232	)		(903,859	)		(974,898	)
Income tax expense		-			-			-
Net loss		(425,232	)		(903,859	)		(974,898	)
Accretion and modification of Redeemable Convertible Preferred Shares		(1,139,108	)		(4,878,652	)		-
Deemed dividends to Series E Redeemable Convertible Preferred Shareholders		(14,729	)		-			-
Net loss attributable to ordinary shareholders		(1,579,069	)		(5,782,511	)		(974,898	)

SCHEDULE OF CONDENSED STATEMENTS OF CASH FLOWS

	Year ended December 31,
	2020			2021			2022
	RMB			RMB			RMB
Net cash used in operating activities		(1,574	)		(13,099	)		(290,137	)
Net cash used in investing activities		(438,055	)		(1,397,584	)		(335,194	)
Net cash provided by/ (used in) financing activities		602,202			2,685,674			(47,474	)
Effect of foreign currency exchange rate changes on cash		(1,434	)		(58,740	)		73,275
Net increase/(decrease) in cash		161,139			1,216,251			(599,530	)
Cash at the beginning of the year		355			161,494			1,377,745
Cash at the end of the year		161,494			1,377,745			778,215