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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]  
Summary of Related Party Transactions
 
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
Horgos Yinghuo Management Consulting Co., Ltd. (Horgos)
   An entity over which management has a significant influence
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
Geng XF Holding Limited (GXF)
   An entity controlled by a shareholder of the Group
For the years ended December 31, 2020, 2021 and 2022, services provided to the related parties were RMB10,333, nil and RMB300, respectively:
 
    
Years ended December 31,
 
    
2020
    
2021
    
2022
 
    
RMB
    
RMB
    
RMB
 
Value-added service revenue from JYBD
     9,434        —          300  
Value-added service revenue from Horgos
     899        —          —    
    
 
 
    
 
 
    
 
 
 
Total
  
 
10,333
 
  
 
—  
 
  
 
300
 
    
 
 
    
 
 
    
 
 
 
For the years ended December 31, 2020, 2021 and 2022, services provided
by
 
the related
parties
were nil, RMB12,500 and RMB7,500, respectively:
 
    
Years ended December 31,
 
    
2020
    
2021
    
2022
 
    
RMB
    
RMB
    
RMB
 
Service fee to JYBD
     —          12,500        7,500  
    
 
 
    
 
 
    
 
 
 
Total
  
 
—  
 
  
 
12,500
 
  
 
7,500
 
    
 
 
    
 
 
    
 
 
 
 
 
The Group had the following balances with the major related parties:
 
    
As of December 31,
 
    
2021
    
2022
 
    
RMB
    
RMB
 
Current assets:
                 
Service fee prepaid to JYBD
     7,075        —    
    
 
 
    
 
 
 
Total
  
 
7,075
 
  
 
—  
 
    
 
 
    
 
 
 
As of December 31, 2021 and 2022, amounts due to related parties were RMB179,859 and RMB122,152, respectively, and details are as follows:
 
    
As of December 31,
 
    
2021
    
2022
 
    
RMB
    
RMB
 
Current liabilities:
                 
Consideration payable for repurchase of ordinary shares from DWJ
     80,501        62,953  
Consideration payable for repurchase of ordinary shares from LXF
     15,939        17,412  
Consideration payable for repurchase of ordinary shares from Euclidean
     7,970        —    
Consideration payable for repurchase of ordinary shares from Sigma
     7,970        —    
Consideration payable for repurchase of ordinary shares from TTG
     25,503        27,858  
Consideration payable for repurchase of ordinary shares from DWJ Partners
     1,847        —    
Consideration payable for repurchase of ordinary shares from GXF
     12,751        13,929  
Consideration payable for repurchase of ordinary shares from Capital
     27,378        —    
    
 
 
    
 
 
 
Total
  
 
179,859
 
  
 
122,152