v3.22.2.2
RELATED PARTY TRANSACTIONS
6 Months Ended
Jun. 30, 2022
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

16. RELATED PARTY TRANSACTIONS

a.

Transactions

The Group entered into the following transactions with related parties:

Six months ended June 30, 

Transactions

2022

2021

RMB

RMB

    

Unaudited

    

Unaudited

Service purchased from Jinan QCY Intelligent Technology Co., Ltd., an entity significantly influenced by a member of management team of the Group

 

(1,560)

 

(1,279)

Service purchased from Beijing QC Technology Company Limited, an entity significantly influenced by a member of management team of the Group

(146)

(654)

Service purchased from Beijing HJRT Technology Co., Ltd., an entity significantly influenced by a member of management team of the Group

 

(132)

 

(132)

Borrowing from members of management team of the Group

1,203

b.

The Group had the following balances with related parties:

    

Amounts due from related parties

    

Amounts due to related parties

As of 

As of December 31, 

Relationship

    

June 30, 2022

    

December 31, 2021

    

June 30, 2022

    

December 31, 2021

RMB

    

RMB

    

RMB

    

RMB

Unaudited

Unaudited

Shandong Shichuang Software Engineering Co., Ltd., an entity controlled by Executive Principal of Ambow Research Center

2,417

2,417

Members of management team of the Group

2,453

1,250

Jinan QCY Intelligent Technology Co., Ltd., an entity significantly influenced by a member of management team of the Group

 

774

 

774

 

 

Beijing QC Technology Company Limited, an entity significantly influenced by a member of management team of the Group

2,040

2,040

199

126

URSUS Information Technology (Beijing) Company Limited, an entity significantly influenced by a member of management team of the Group

201

201

Beijing HJRT Technology Co., Ltd., an entity significantly influenced by a member of management team of the Group

22

88

66

 

3,037

 

3,103

 

5,135

 

3,793