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Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2021
Intangible Assets Net Excluding Goodwill [Abstract]  
Summary of Intangible Assets, Net

Intangible assets consists of the following:

 

 

 

As of December 31,

 

 

 

2020

 

 

2021

 

 

 

RMB

 

 

RMB

 

Business Cooperation Agreement

 

 

1,535,017

 

 

 

1,554,046

 

Brand names

 

 

321,000

 

 

 

321,000

 

Non-compete commitment

 

 

79,141

 

 

 

79,141

 

Technology/platform

 

 

31,600

 

 

 

31,600

 

Total

 

 

1,966,758

 

 

 

1,985,787

 

Less: accumulated amortization

 

 

(598,917

)

 

 

(909,976

)

Intangible assets

 

 

1,367,841

 

 

 

1,075,811