v3.22.2.2
Prepayment and other current assets, net
6 Months Ended
Jun. 30, 2022
Prepayment and other current assets, net  
Prepayment and other current assets, net

4.Prepayment and other current assets, net

The following is a summary of prepayments and other current assets:

    

December 31, 2021

    

June 30, 2022

RMB

RMB

(Unaudited)

Deductible VAT

 

1,211

 

828

Deposits

 

7,640

 

9,029

Receivables due from third-party online payment platforms

 

6,533

 

5,856

Staff advances

 

1,306

 

2,520

Prepaid promotion expenses

 

49,614

 

42,208

Receivable from borrowers for the guarantee payment to commercial bank

10,208

13,845

Others

 

6,646

 

8,987

Less: provisions for prepayment and other current assets

(22,698)

(26,346)

Total prepayment and other current assets, net

 

60,460

 

56,927

The Group recognized provisions for prepayment and other current assets of RMB413 and RMB3,648 for the six months ended June 30, 2021 and 2022, respectively.