Page (s) |
||||
F-2 | ||||
F-6 | ||||
F-8 | ||||
F-10 | ||||
F-13 |
As of | ||||||||||||||||
Note | December 31, 2021 |
June 30, 2022 | ||||||||||||||
RMB | RMB | US$ | ||||||||||||||
ASSETS |
||||||||||||||||
Current assets: |
||||||||||||||||
Cash and cash equivalents |
||||||||||||||||
Restricted cash |
||||||||||||||||
Derivative assets |
— | |||||||||||||||
Short-term investments |
15 | |||||||||||||||
Accounts receivable, net of allowances of RMB |
3 | |||||||||||||||
Prepayments and other current assets |
4 | |||||||||||||||
Amounts due from related parties |
— | — | ||||||||||||||
Total current assets |
||||||||||||||||
Non-current assets: |
||||||||||||||||
Property and equipment, net |
||||||||||||||||
Intangible assets, net |
||||||||||||||||
Long-term investments |
5 | |||||||||||||||
Goodwill |
6 | — | ||||||||||||||
Other non-current assets |
||||||||||||||||
Total non-current assets |
||||||||||||||||
Total assets |
||||||||||||||||
As of | ||||||||||||||||
Note | December 31, 2021 |
June 30, 2022 | ||||||||||||||
RMB | RMB | US$ | ||||||||||||||
LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST S AND SHAREHOLDERS’ EQUITY |
||||||||||||||||
Current liabilities: |
||||||||||||||||
Short-term loan |
— | — | ||||||||||||||
Accounts payable (including accounts payable of the variable interest entity (“VIE”) without recourse to the Company of RMB |
||||||||||||||||
Deferred revenue and customer deposits (including deferred revenue and customer deposits of the VIE without recourse to the Company of RMB |
7 | |||||||||||||||
Accrued liabilities and other current liabilities (including accrued liabilities and other current liabilities of the VIE without recourse to the Company of RMB |
8 | |||||||||||||||
Amounts due to related parties (including amount due to related parties of the VIE without recourse to the Company of RMB |
||||||||||||||||
|
|
|
|
|
|
|||||||||||
Total current liabilities |
||||||||||||||||
|
|
|
|
|
|
As of | ||||||||||||||||
Note | December 31, 2021 |
June 30, 2022 | ||||||||||||||
RMB | RMB | US$ | ||||||||||||||
Non-current liabilities: |
||||||||||||||||
Other non-current liabilities (including other non-current liabilities of the VIE without recourse to the Company of RMB |
||||||||||||||||
Deferred revenue (including non-current deferred revenue of the VIE without recourse to the Company of RMB |
7 | |||||||||||||||
Deferred tax liabilities (including non-current deferred tax liabilities of the VIE without recourse to the Company of |
— | |||||||||||||||
Total non-current liabilities |
||||||||||||||||
Total liabilities |
||||||||||||||||
As of | ||||||||||||||||
Note | December 31, 2021 |
June 30, 2022 | ||||||||||||||
RMB | RMB | US$ | ||||||||||||||
Commitments and contingencies |
11 | |||||||||||||||
Redeemable noncontrolling interests |
13 | — | ||||||||||||||
Shareholders’ equity |
||||||||||||||||
Class A common shares (par value of US$ |
||||||||||||||||
Class B common shares (par value of US$ |
||||||||||||||||
Additional paid-in capital |
||||||||||||||||
Accumulated deficit |
( |
) | ( |
) | ( |
) | ||||||||||
Accumulated other comprehensive income |
||||||||||||||||
Total shareholders’ equity |
||||||||||||||||
Total liabilities, redeemable noncontrolling interests and shareholders’ equity |
||||||||||||||||
Six months ended June 30, | ||||||||||||||||
Notes | 2021 | 2022 | ||||||||||||||
RMB | RMB | US$ | ||||||||||||||
Revenues ( ) |
14 | |||||||||||||||
Cost of revenues |
( |
) | ( |
) | ( |
) | ||||||||||
Gross profit |
||||||||||||||||
Operating expenses |
||||||||||||||||
Research and development |
( |
) | ( |
) | ( |
) | ||||||||||
Sales and marketing |
( |
) | ( |
) | ( |
) | ||||||||||
General and administrative |
( |
) | ( |
) | ( |
) | ||||||||||
Total operating expenses |
( |
) | ( |
) | ( |
) | ||||||||||
Loss from operations |
( |
) | ( |
) | ( |
) | ||||||||||
Foreign exchange loss |
( |
) | ( |
) | ( |
) | ||||||||||
Interest income |
||||||||||||||||
Interest expense |
( |
) | ( |
) | ( |
) | ||||||||||
Other income, net |
||||||||||||||||
Change in fair value of structured deposits |
16 | — | ||||||||||||||
Change in fair value of foreign currency swap contract |
||||||||||||||||
Loss before income taxes |
( |
) | ( |
) | ( |
) | ||||||||||
Income tax expense |
10 | ( |
) | ( |
) | ( |
) | |||||||||
Net loss |
( |
) | ( |
) | ( |
) | ||||||||||
Six months ended June 30, | ||||||||||||||||
Notes | 2021 | 2022 | ||||||||||||||
RMB | RMB | US$ | ||||||||||||||
Less: net loss attributable to redeemable noncontrolling interests |
— | ( |
) | ( |
) | |||||||||||
Net loss attributable to Aurora Mobile Limited’s shareholders |
( |
) | ( |
) | ( |
) | ||||||||||
Net loss attributable to common shareholders |
( |
) | ( |
) | ( |
) | ||||||||||
Net loss per share for class A and class B common shares: |
12 | |||||||||||||||
Class A and B Common Shares — basic and diluted |
( |
) | ( |
) | ( |
) | ||||||||||
Shares used in net loss per share computation: |
||||||||||||||||
Class A common shares — basic and diluted |
||||||||||||||||
Class B common shares — basic and diluted |
||||||||||||||||
Other comprehensive income |
||||||||||||||||
Foreign currency translation adjustments |
||||||||||||||||
Total other comprehensive income, net of tax |
||||||||||||||||
Total comprehensive loss |
( |
) | ( |
) | ( |
) | ||||||||||
Less: comprehensive loss attributable to redeemable noncontrolling interests |
— | ( |
) | ( |
) | |||||||||||
Comprehensive loss attributable to Aurora Mobile Limited’s shareholders |
( |
) | ( |
) | ( |
) | ||||||||||
Common shares |
Additional paid-in capital |
Accumulated other comprehensive income |
Accumulated deficit |
Total shareholders’ equity |
||||||||||||||||||||
Number of shares |
Amount |
|||||||||||||||||||||||
RMB | RMB | RMB | RMB | RMB | ||||||||||||||||||||
Balance as of January 1, 2021 |
( |
) | ||||||||||||||||||||||
Net loss |
— | — | — | — | ( |
) | ( |
) | ||||||||||||||||
Translation adjustments |
— | — | — | — | ||||||||||||||||||||
Exercise and vesting of share-based awards |
— | — | ||||||||||||||||||||||
Share-based compensation |
— | — | — | — | ||||||||||||||||||||
Balance as of June 30, 2021 |
( |
) |
||||||||||||||||||||||
Common shares |
Additional paid-in capital |
Accumulated other comprehensive income |
Accumulated deficit |
Total shareholders’ equity |
||||||||||||||||||||
Number of shares |
Amount |
|||||||||||||||||||||||
RMB | RMB | RMB | RMB | RMB | ||||||||||||||||||||
Balance as of January 1, 2022 |
( |
) | ||||||||||||||||||||||
Net loss |
— | — | — | — | ( |
) | ( |
) | ||||||||||||||||
Translation adjustments |
— | — | — | — | ||||||||||||||||||||
Exercise and vesting of share-based awards |
— | — | — | |||||||||||||||||||||
Share-based compensation |
— | — | — | — | ||||||||||||||||||||
Adjustment of redeemable noncontrolling interests to redemption value |
— | — | ( |
) | — | — | ( |
) | ||||||||||||||||
Balance as of June 30, 2022 |
( |
) |
||||||||||||||||||||||
Balance as of June 30, 2022 in US$ |
( |
) |
||||||||||||||||||||||
Six months ended June 30, | ||||||||||||
2021 | 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
Cash flows from operating activities: |
||||||||||||
Net loss |
( |
) | ( |
) | ( |
) | ||||||
Adjustments to reconcile net loss to net cash used in operating activities: |
||||||||||||
Depreciation of property and equipment |
||||||||||||
Amortization of intangible assets |
||||||||||||
Allowance for doubtful accounts |
||||||||||||
Interest expenses, net |
||||||||||||
(Gain)/loss on disposal of property and equipment |
( |
) | — | |||||||||
Deferred tax benefits |
— | ( |
) | ( |
) | |||||||
Change in fair value of structured deposits |
( |
) | ( |
) | — | |||||||
Change in fair value of foreign currency swap contract |
( |
) | ( |
) | ( |
) | ||||||
Share-based compensation expenses |
||||||||||||
Impairment of long-term investment |
— | |||||||||||
Impairment of loans granted to other companies |
— | |||||||||||
Changes in operating assets and liabilities: |
||||||||||||
Accounts receivable |
||||||||||||
Prepayments and other current assets |
||||||||||||
Amounts due from related parties |
— | |||||||||||
Derivative assets |
— | |||||||||||
Other non-current assets |
( |
) | ( |
) | ( |
) | ||||||
Accounts payable |
( |
) | ( |
) | ( |
) | ||||||
Deferred revenue and customer deposits |
( |
) | ||||||||||
Tax payable |
— | ( |
) | ( |
) | |||||||
Accrued liabilities and other current liabilities |
( |
) | ( |
) | ( |
) | ||||||
Amounts due to related parties |
— | |||||||||||
Other non-current liabilities |
||||||||||||
Net cash used in operating activities |
( |
) | ( |
) | ( |
) | ||||||
Six months ended June 30, | ||||||||||||
2021 | 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
Cash flows from investing activities: |
||||||||||||
Purchase of short-term investments |
— | ( |
) | ( |
) | |||||||
Proceeds from maturities of short-term investments |
||||||||||||
Purchase of long-term investments |
— | ( |
) | ( |
) | |||||||
Investment in a convertible loan |
( |
) | — | — | ||||||||
Proceed from disposal of long-term investments |
— | |||||||||||
Payment for acquisitions, net of cash acquired |
— | |||||||||||
Purchase of property and equipment |
( |
) | ( |
) | ( |
) | ||||||
Proceeds from disposal of property and equipment |
— | — | ||||||||||
Purchase of intangible assets and land use right |
( |
) | ( |
) | ( |
) | ||||||
Net cash provided by/(used in) investing activities |
( |
) | ( |
) | ||||||||
Cash flows from financing activities: |
||||||||||||
Proceeds from issuance of common shares |
— | — | ||||||||||
Redemption of convertible notes |
( |
) | — | — | ||||||||
Proceeds from short-term bank loan |
||||||||||||
Repayment of short-term loans |
— | ( |
) | ( |
) | |||||||
Payment for stock issuance cost |
— | ( |
) | ( |
) | |||||||
Proceeds from exercise of share options |
||||||||||||
Net cash used in financing activities |
( |
) | ( |
) | ( |
) | ||||||
Effect of exchange rate on cash and cash equivalents and restricted cash |
||||||||||||
Net decrease in cash and cash equivalents and restricted cash |
( |
) | ( |
) | ( |
) | ||||||
Six months ended June 30, | ||||||||||||
2021 | 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
Net decrease in cash and cash equivalents and restricted cash |
( |
) | ( |
) | ( |
) | ||||||
Cash, cash equivalents and restricted cash at the beginning of the period |
||||||||||||
Including: |
||||||||||||
Cash and cash equivalents at the beginning of the period |
||||||||||||
Restricted cash at the beginning of the period |
||||||||||||
Cash, cash equivalents and restricted cash at the end of the period |
||||||||||||
Including: |
||||||||||||
Cash and cash equivalents at the end of the period |
||||||||||||
Restricted cash at the end of the period |
||||||||||||
Supplemental disclosures of cash flow information: |
||||||||||||
Interest expense paid |
||||||||||||
Income tax paid |
||||||||||||
Non-cash investing and financing activities: |
||||||||||||
Unpaid cash consideration for business combination |
— | |||||||||||
Purchase of property and equipment included in accrued liabilities and other current liabilities |
— | — | ||||||||||
1 |
Organization and principal activities |
1 |
Organization and principal activities (continued) |
1 |
Organization and principal activities (continued) |
1 |
Organization and principal activities (continued) |
1 |
Organization and principal activities (continued) |
As of | ||||||||||||
December 31, 2021 |
June 30, 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
ASSETS: |
||||||||||||
Current assets: |
||||||||||||
Cash and cash equivalents |
||||||||||||
Restricted cash |
||||||||||||
Derivative assets |
— | — | ||||||||||
Short-term investments |
||||||||||||
Accounts receivable, net |
||||||||||||
Prepayments and other current assets |
||||||||||||
Amounts due from the Company and its subsidiaries |
||||||||||||
Amounts due from related parties |
— | — | ||||||||||
Total current assets |
||||||||||||
Non-current assets: |
||||||||||||
Property and equipment, net |
||||||||||||
Intangible assets, net |
||||||||||||
Goodwill |
— | |||||||||||
Long-term investments |
||||||||||||
Other-non current assets |
||||||||||||
Total non-current assets |
||||||||||||
Total assets |
||||||||||||
LIABILITIES: |
||||||||||||
Current liabilities: |
||||||||||||
Accounts payable |
||||||||||||
Deferred revenue and customer deposits |
||||||||||||
Accrued liabilities and other current liabilities |
||||||||||||
Amounts due to the Company and its subsidiaries |
||||||||||||
Amounts due to related parties |
||||||||||||
Total current liabilities |
||||||||||||
Non-current liabilities: |
||||||||||||
Amounts due to the Company and its subsidiaries |
||||||||||||
Deferred revenue |
||||||||||||
Deferred tax liabilities |
— | |||||||||||
Other non-current liabilities |
||||||||||||
Total non-current liabilities |
||||||||||||
Total liabilities |
||||||||||||
1 |
Organization and principal activities (continued) |
For the six months ended June 30, | ||||||||||||
2021 | 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
Revenues |
||||||||||||
Cost of revenues |
( |
) | ( |
) | ( |
) | ||||||
Net loss |
( |
) | ( |
) | ( |
) | ||||||
Net cash provided by/(used in) operating activities |
( |
) | ( |
) | ||||||||
Net cash provided by/(used in) investing activities |
( |
) | ( |
) | ||||||||
Net cash provided by/(used in) financing activities |
( |
) | ( |
) |
2 |
Summary of Significant Accounting Policies |
2 |
Summary of Significant Accounting Policies (continued) |
2 |
Summary of Significant Accounting Policies (continued) |
2 |
Summary of Significant Accounting Policies (continued) |
Computer software, systems and technology | ||
Brand | ||
Customer relationship |
2 |
Summary of Significant Accounting Policies (continued) |
2 |
Summary of Significant Accounting Policies (continued) |
2 |
Summary of Significant Accounting Policies (continued) |
As of | ||||||||||||
December 31, 2021 | June 30, 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
Contract liabilities |
2 |
Summary of Significant Accounting Policies (continued) |
2 |
Summary of Significant Accounting Policies (continued) |
3 |
Accounts receivable, net |
As of | ||||||||||||
December 31, 2021 | June 30, 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
Accounts receivable |
||||||||||||
Less: allowance for doubtful accounts |
( |
) | ( |
) | ( |
) | ||||||
|
|
|
|
|
|
|||||||
Total accounts receivable, net |
||||||||||||
|
|
|
|
|
|
As of | ||||||||||||
December 31, 2021 | June 30, 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
Balance at beginning of the period |
||||||||||||
Provisions/(reversals) |
( |
) | ||||||||||
Write-offs |
( |
) | ( |
) | ( |
) | ||||||
|
|
|
|
|
|
|||||||
Balance at end of the period |
||||||||||||
|
|
|
|
|
|
4 |
Prepayments and other current assets |
As of | ||||||||||||||||
December 31, 2021 |
June 30, 2022 | |||||||||||||||
RMB | RMB | US$ | ||||||||||||||
Receivables on behalf of third party advertising companies |
(i | ) | ||||||||||||||
Prepaid service fee |
||||||||||||||||
VAT and other surcharges |
||||||||||||||||
Investment in a convertible loan |
||||||||||||||||
Loans granted to equity investees |
(ii | ) | ||||||||||||||
Office rental deposit |
||||||||||||||||
Prepaid media cost |
||||||||||||||||
Receivables from sales of shares on behalf of employees |
||||||||||||||||
Others |
||||||||||||||||
|
|
|
|
|
|
|||||||||||
Total prepayments and other current assets |
||||||||||||||||
|
|
|
|
|
|
(i) | Starting from January 1, 2021, the Company has fully exited the Targeted Marketing business and this balance represents the receivables the Company acts as agent and collects on behalf of third party advertising companies for targeted marketing related services. |
(ii) | For the six months ended June 30, 2021 and 2022, the Company recognized impairment charges on loans granted to equity investees of |
5 |
Long-term investments |
6 |
Business combination |
6 |
Business combination (continued) |
RMB | US$ | |||||||
Purchase consideration |
||||||||
|
|
|
|
|||||
Fair value of redeemable noncontrolling interests |
||||||||
Less: |
||||||||
Cash and cash equivalents |
||||||||
Customer relationships |
||||||||
Brand |
||||||||
Other current and noncurrent assets |
||||||||
Deferred revenue |
( |
) | ( |
) | ||||
Deferred tax liabilities |
( |
) | ( |
) | ||||
Other current liabilities |
( |
) | ( |
) | ||||
|
|
|
|
|||||
Goodwill |
||||||||
|
|
|
|
7 |
Deferred revenue and customer deposits |
As of | ||||||||||||
December 31, 2021 | June 30, 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
Deferred revenue |
||||||||||||
Customer deposits |
||||||||||||
|
|
|
|
|
|
|||||||
Total deferred revenue and customer deposits — current |
||||||||||||
|
|
|
|
|
|
|||||||
Deferred revenue — non-current |
||||||||||||
|
|
|
|
|
|
8 |
Accrued liabilities and other current liabilities |
As of | ||||||||||||||||
December 31, 2021 | June 30, 2022 | |||||||||||||||
RMB | RMB | US$ | ||||||||||||||
Accrued payroll and welfare payables |
||||||||||||||||
Income taxes payable |
||||||||||||||||
Other taxes and surcharge |
||||||||||||||||
Service fees |
||||||||||||||||
Acquisition of intangible assets, property and equipment |
||||||||||||||||
Government grants |
||||||||||||||||
Rental and property management fee |
||||||||||||||||
Payables for sales of employees’ shares |
||||||||||||||||
Payables to third party advertising companies |
(i | ) | ||||||||||||||
Payable for business acquisition |
(ii | ) | ||||||||||||||
Others |
||||||||||||||||
|
|
|
|
|
|
|||||||||||
Total accrued liabilities and other current liabilities |
||||||||||||||||
|
|
|
|
|
|
(i) | The balance represents the payments to third party advertising companies for targeted marketing related services as the Company acts as agent. |
(ii) | The balance represents the remaining unpaid cash consideration of RMB |
9 |
Share-based compensation |
For the six months ended June 30, | ||||||||||||
2021 | 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
Cost of revenues |
( |
) | ( |
) | ||||||||
Research and development |
( |
) | ( |
) | ||||||||
Sales and marketing |
||||||||||||
General and administrative |
||||||||||||
Total |
||||||||||||
10 |
Income taxes |
11 |
Commitments and contingencies |
RMB | US$ | |||||||
For the six months ended December 31, 2022 |
||||||||
For the years ended December 31, 2023 |
||||||||
2024 |
||||||||
Total |
||||||||
12 |
Loss per share |
For the six months ended June 30, | ||||||||||||||||||||||||
2021 | 2022 | |||||||||||||||||||||||
Class A | Class B | Class A | Class B | |||||||||||||||||||||
RMB | RMB | RMB | US$ | RMB | US$ | |||||||||||||||||||
Numerator: |
||||||||||||||||||||||||
Net loss attributable to Class A and Class B common shareholders |
( |
) | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) | ||||||||||||
Net loss attributable to common shareholders |
( |
) | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Denominator: |
||||||||||||||||||||||||
Weighted average number of shares used in calculating basic and diluted loss per share |
||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Basic and diluted loss per share |
( |
) | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
13 |
Redeemable noncontrolling interests |
RMB | US$ | |||||||
Balance as of January 1, 2022 |
||||||||
Initial fair value of redeemable noncontrolling interests |
||||||||
Net loss attributable to redeemable noncontrolling interest |
( |
) | ( |
) | ||||
Adjustment of redeemable noncontrolling interests to redemption value |
||||||||
|
|
|
|
|||||
Balance as of June 30, 2022 |
||||||||
|
|
|
|
14 |
Revenues |
For the six months ended June 30, | ||||||||||||
2021 | 2022 | |||||||||||
RMB | RMB | US$ | ||||||||||
SAAS Businesses |
||||||||||||
Developer Services |
||||||||||||
Vertical Applications |
||||||||||||
|
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|
|
|
|
|||||||
Total revenues |
||||||||||||
|
|
|
|
|
|
15 |
Short-term investments |
As of December 31, 2021 |
||||||||||||||||||||||||
Cost or Amortized cost |
Gross unrecognized holding gains |
Gross unrecognized holding losses |
Gross unrecognized gains |
Gross unrecognized losses |
Fair value | |||||||||||||||||||
RMB | RMB | |||||||||||||||||||||||
Held-to-maturity |
— | — | — | — | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
As of June 30, 2022 |
||||||||||||||||||||||||||||||||
Cost or Amortized cost |
Gross unrecognized holding gains |
Gross unrecognized holding losses |
Gross unrecognized gains |
Gross unrecognized losses |
Fair value | |||||||||||||||||||||||||||
RMB | USD | RMB | USD | |||||||||||||||||||||||||||||
Held-to-maturity |
— | — | — | — | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
16 |
Fair value measurements |
16 |
Fair value measurements (continued) |
Fair value measurement at December 31, 2021 using |
||||||||||||||||||||
Total Fair Value at December 31, 2021 |
Quoted prices in active markets for identical assets (Level 1) |
Significant other observable inputs (Level 2) |
Significant unobservable inputs (Level 3) |
Fair value adjustment |
||||||||||||||||
RMB |
RMB |
RMB |
RMB |
RMB |
||||||||||||||||
Fair value measurements on a recurring basis |
||||||||||||||||||||
Derivative assets |
— | — | ||||||||||||||||||
Fair value measurement on a non-recurring basis |
||||||||||||||||||||
Equity investments accounted for at fair value using the alternative measurement (i) |
— | — | ( |
) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total assets measured at fair value |
— | ( |
) |
16 |
Fair value measurements (continued) |
Fair value measurement at June 30, 2022 using |
||||||||||||||||||||||||
Total Fair Value at June 30, 2022 |
Quoted prices in active markets for identical assets (Level 1) |
Significant other observable inputs (Level 2) |
Significant unobservable inputs (Level 3) |
Fair value adjustment |
||||||||||||||||||||
RMB |
USD |
RMB |
RMB |
RMB |
RMB |
|||||||||||||||||||
Fair value measurements on a recurring basis |
||||||||||||||||||||||||
Derivative assets |
— | — | — | |||||||||||||||||||||
Fair value measurement on a non-recurring basis |
||||||||||||||||||||||||
Equity investments accounted for at fair value using the alternative measurement (i) |
— | — | — | — | — | ( |
) | |||||||||||||||||
Total assets measured at fair value |
— | — | — | ( |
) |
(i) | For equity securities accounted for under the measurement alternative, when there are observable price changes in orderly transactions for identical or similar investments of the same issuer, the investments are re-measured to fair value. The Company recognized impairment charges of long-term investments during the year ended December 31, 2021 and the six months ended June 30, 2022. |
17 |
Restricted net assets |
18 |
Subsequent events |