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Operating leases
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Operating leases
8.
Operating leases

The Company entered into various operating lease agreements for offices space. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants.

The following component of lease cost are included in the Company’s consolidated statements of operations and comprehensive income (loss):

 

 

For the year
ended December 31, 2020

 

 

For the year
ended December 31, 2021

 

 

For the year
ended December 31, 2022

 

 

RMB

 

 

RMB

 

 

RMB

 

Operating lease cost

 

 

389,799

 

 

 

3,277,780

 

 

 

11,385,312

 

Short-term lease cost

 

 

48,000

 

 

 

1,867,850

 

 

 

295,564

 

Total lease cost

 

 

437,799

 

 

 

5,145,630

 

 

 

11,680,876

 

 

Supplemental disclosure related to operating leases were as follows:

 

 

For the year
ended December 31, 2020

 

 

For the year
ended December 31, 2021

 

 

For the year
ended December 31, 2022

 

 

RMB

 

 

RMB

 

 

RMB

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

 

 

Operating cash flows for operating leases

 

 

335,162

 

 

 

5,068,864

 

 

 

5,822,406

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31,
2021

 

 

As of December 31,
2022

 

Weighted average remaining lease term of operating leases (years)

 

 

 

 

 

1.86

 

 

 

1.65

 

Weighted average discount rate of operating leases

 

 

 

 

 

6.24

%

 

 

6.24

%

 

The following table summarizes the maturity of operating lease liabilities as of December 31, 2022:

 

As of December 31,

 

2022

 

 

RMB

 

 2023

 

 

4,239,198

 

 2024

 

 

2,542,911

 

Thereafter

 

 

 

Total lease payments

 

 

6,782,109

 

Less: imputed interest

 

 

(68,633

)

Total lease liabilities

 

 

6,713,476