XML 75 R42.htm IDEA: XBRL DOCUMENT v3.22.1
Convertible Redeemable Preferred Shares (Tables)
12 Months Ended
Dec. 31, 2021
Temporary Equity Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Convertible Redeemable Preferred Shares

The following table summarizes changes in the carrying amount of the convertible redeemable preferred shares for the years ended December 31, 2019, 2020 and 2021:

 

 

 

Series A

Convertible

redeemable

preferred shares

(par value US$0.001)

 

 

Series B

Convertible

redeemable

preferred shares

(par value US$0.001)

 

 

Series C

Convertible

redeemable

preferred shares

(par value US$0.001)

 

 

Series D

Convertible

redeemable

preferred shares

(par value US$0.001)

 

 

Series E

Convertible

redeemable

preferred shares

(par value US$0.001)

 

 

Series F

Convertible

redeemable

preferred shares

(par value US$0.001)

 

 

Total

 

 

 

Number

of shares

 

 

Amount

 

 

Number

of shares

 

 

Amount

 

 

Number of

shares

 

 

Amount

 

 

Number of

shares

 

 

Amount

 

 

Number of

shares

 

 

Amount

 

 

Number of

shares

 

 

Amount

 

 

Number of

shares

 

 

Amount

 

Balance as of January 1, 2019

 

 

9,497,040

 

 

 

238,504

 

 

 

7,586,836

 

 

 

201,588

 

 

 

33,320,256

 

 

 

1,041,923

 

 

 

10,068,160

 

 

 

1,010,041

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

60,472,292

 

 

 

2,492,056

 

Issuance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

30,021,942

 

 

 

3,693,326

 

 

 

 

 

 

 

 

 

30,021,942

 

 

 

3,693,326

 

Collection of Subscription

   Receivables

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16,697

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16,697

 

Accretion

 

 

 

 

 

123,459

 

 

 

 

 

 

94,078

 

 

 

 

 

 

335,372

 

 

 

 

 

 

(4,189

)

 

 

 

 

 

329,279

 

 

 

 

 

 

 

 

 

 

 

 

877,999

 

Balance as of December 31, 2019

 

 

9,497,040

 

 

 

361,963

 

 

 

7,586,836

 

 

 

295,666

 

 

 

33,320,256

 

 

 

1,393,992

 

 

 

10,068,160

 

 

 

1,005,852

 

 

 

30,021,942

 

 

 

4,022,605

 

 

 

 

 

 

 

 

 

90,494,234

 

 

 

7,080,078

 

Issuance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,203,072

 

 

 

495,318

 

 

 

 

 

 

 

 

 

4,203,072

 

 

 

495,318

 

Accretion

 

 

 

 

 

83,312

 

 

 

 

 

 

65,967

 

 

 

 

 

 

311,443

 

 

 

 

 

 

147,741

 

 

 

 

 

 

696,035

 

 

 

 

 

 

 

 

 

 

 

 

1,304,498

 

Balance as of December 31, 2020

 

 

9,497,040

 

 

 

445,275

 

 

 

7,586,836

 

 

 

361,633

 

 

 

33,320,256

 

 

 

1,705,435

 

 

 

10,068,160

 

 

 

1,153,593

 

 

 

34,225,014

 

 

 

5,213,958

 

 

 

 

 

 

 

 

 

94,697,306

 

 

 

8,879,894

 

Issuance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,953,652

 

 

 

241,341

 

 

 

9,777,383

 

 

 

1,179,326

 

 

 

11,731,035

 

 

 

1,420,667

 

Issuance upon conversion of

   convertible bonds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,906,031

 

 

 

192,122

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,906,031

 

 

 

192,122

 

Accretion

 

 

 

 

 

21,898

 

 

 

 

 

 

17,207

 

 

 

 

 

 

246,015

 

 

 

 

 

 

37,083

 

 

 

 

 

 

186,424

 

 

 

 

 

 

 

 

 

 

 

 

508,627

 

Convert to Class A Ordinary

   shares

 

 

(9,497,040

)

 

 

(467,173

)

 

 

(7,586,836

)

 

 

(378,840

)

 

 

(30,284,935

)

 

 

(1,467,859

)

 

 

(7,952,405

)

 

 

(940,464

)

 

 

(5,876,520

)

 

 

(916,388

)

 

 

(9,056,944

)

 

 

(1,092,428

)

 

 

(70,254,680

)

 

 

(5,263,152

)

Convert to Class B Ordinary

   shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(13,941,352

)

 

 

(675,713

)

 

 

(2,115,755

)

 

 

(250,212

)

 

 

(30,302,146

)

 

 

(4,725,335

)

 

 

(720,439

)

 

 

(86,898

)

 

 

(47,079,692

)

 

 

(5,738,158

)

Balance as of December 31,

   2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Authorized as of December 31,

   2019

 

 

9,497,040

 

 

 

 

 

 

 

7,586,836

 

 

 

 

 

 

 

33,320,256

 

 

 

 

 

 

 

10,068,160

 

 

 

 

 

 

 

30,021,942

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Authorized as of December 31,

   2020

 

 

9,497,040

 

 

 

 

 

 

 

7,586,836

 

 

 

 

 

 

 

44,226,287

 

 

 

 

 

 

 

10,068,160

 

 

 

 

 

 

 

36,122,625

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Issuance of Convertible Redeemable Preferred Shares

The following table summarizes the issuance of convertible redeemable preferred shares up to December 31, 2021:

 

Series

 

Issuance date

 

Share

Issued

 

 

Issue Price per

Share

 

Proceeds

from

Issuance

A, B, C-1, C-2

 

August 31, 2012 ~

November 11, 2016

 

 

44,887,552

 

 

US$0.21~US$2.65

 

US$63,902

C-3

 

June 26, 2018

 

 

1,884,512

 

 

US$2.65

 

US$5,000

C-3

 

December 7, 2018

 

 

7,819,871

 

 

US$2.65

 

RMB138,688

C-3

 

February 8, 2021 ~

May 25, 2021

 

 

10,906,031

 

 

US$2.65

 

RMB192,122

D

 

July 5, 2018

 

 

2,115,755

 

 

US$10.83

 

US$22,917

D

 

July 5, 2018

 

 

7,952,405

 

 

US$12.74

 

US$101,340

E

 

June 3 ~

September 16, 2019

 

 

2,521,844

 

 

US$17.84

 

US$45,000

E

 

June 3, 2019

 

 

27,500,098

 

 

US$0.70

 

US$20,115

E+

 

September 4 ~

September 14, 2020

 

 

4,203,072

 

 

US$17.84

 

US$75,000

E+

 

February 8, 2021 ~

May 25, 2021

 

 

1,953,652

 

 

US$17.84

 

RMB241,341

F

 

April 16, 2021 ~

May 25, 2021

 

 

9,777,383

 

 

US$19.43

 

US$168,000