Related Party Transactions

12 Months Ended

Dec. 31, 2021

Related Party Transactions [Abstract]

Related Party Transactions

19. RELATED PARTY TRANSACTIONS

The table below sets forth the major related parties and their relationships with the Group:

Related Party	Relationship with the Group
JYBD	An affiliate of the Group
Euclidean	An entity controlled by management founder of an affiliate of the Group
Sigma	An entity controlled by management founder of an affiliate of the Group
Plus	An affiliate of the Group
Hangzhou Yinghuo Internet Technology Limited (Yinghuo)	An entity over which management has a significant influence
Horgos Yinghuo Management Consulting Co., Ltd. (Horgos)	An entity over which management has a significant influence
Truck Champion Limited (Champion)	An affiliate of the Group
Dai WJ Holding limited (DWJ)	An entity controlled by a management shareholder of the Group
Capital Champion Holdings Limited (Capital)	An entity controlled by a shareholder of the Group
DWJ Partners Limited (DWJ Partners)	An entity controlled by a management shareholder of the Group
Liu XF Holdings Limited (LXF)	An entity controlled by a shareholder of the Group
Tang TG Holdings Limited (TTG)	An entity controlled by a shareholder of the Group
Luo P Holdings Limited (LP)	An entity controlled by a shareholder of the Group
Geng XF Holding Limited (GXF)	An entity controlled by a shareholder of the Group
SVF Bumble (Cayman) Limited (SVF)	A shareholder of Champion
Others	Executives of the Group

For the years ended December 31, 2019, 2020 and 2021, services provided to the related parties were RMB2,235, RMB10,333 and nil, respectively: 

	For the years ended December 31,
	2019		2020		2021
	RMB		RMB		RMB
Value-added service revenue from JYBD		—		9,434		—
Value-added service revenue from Horgos		—		899		—
Value-added service revenue from Yinghuo		2,235		—		—
Total		2,235		10,333		—

For the years ended December 31, 2019, 2020 and 2021, services provided from the related parties were nil, nil and RMB12,500, respectively: 

	For the years ended December 31,
	2019		2020		2021
	RMB		RMB		RMB
Service fee to JYBD		—		—		12,500
Total		—		—		12,500

The Group had the following balances with the major related parties: 

	As of December 31,
	2020		2021
	RMB		RMB
Current assets:
Service fee prepaid to JYBD		—		7,075
Total		—		7,075

As of December 31, 2020 and 2021, amounts due to related parties were RMB172,779 and RMB179,859, respectively, and details are as follows:

	As of December 31,
	2020		2021
	RMB		RMB
Current liabilities:
Consideration payable for repurchase of ordinary shares and options from executives of the Group		77,556		—
Consideration payable for repurchase of ordinary shares from DWJ .		61,726		80,501
Consideration payable for repurchase of ordinary shares from LXF		16,414		15,939
Consideration payable for repurchase of ordinary shares from Euclidean		8,156		7,970
Consideration payable for repurchase of ordinary shares from Sigma		8,156		7,970
Consideration payable for equity investment in Plus		771		—
Consideration payable for repurchase of ordinary shares from TTG		—		25,503
Consideration payable for repurchase of ordinary shares from DWJ Partners		—		1,847
Consideration payable for repurchase of ordinary shares from GXF		—		12,751
Consideration payable for repurchase of ordinary shares from Capital		—		27,378
Total		172,779		179,859