v3.22.2.2
Share-Based Compensation Expenses (Tables)
9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of estimated fair value of binomial option pricing model
   Share awards
granted on
January 3,
2017 (2018 Option)
   Share awards
granted on
December 31,
2019 (2019 Option)
 
         
Expected volatility   40%   41.52%
Expected dividends   
-
    
-
 
Risk-free interest rate   3.10%   3.12%
Expected term (in years)   5    5 
Expected life (in years)   6    8 

 

Schedule of summary of share option activity
   Number of
shares
  

Weighted
average

exercise
price

   Weighted
average
grant date
fair value
 
       RMB   RMB 
Balance, December 31, 2016   
-
    
-
    
-
 
Granted   187,933,730    
-
    1.27 
Exercised   
-
    
-
    
-
 
Surrendered   
-
    
-
    
-
 
                
Balance, December 31, 2017   187,933,730    
-
    1.27 
Exercisable, December 31, 2017   112,760,238    
-
    1.27 
Expected to vest, December 31, 2017   75,173,492    
-
    1.27 
                
Balance, December 31, 2017   187,933,730    
-
    1.27 
Granted   
-
    
-
    
-
 
Exercised   
-
    
-
    
-
 
Surrendered   
-
    
-
    
-
 
                
Balance, December 31, 2018   187,933,730    
-
    1.27 
Exercisable, December 31, 2018   150,346,984    
-
    1.27 
Expected to vest, December 31, 2018   37,586,746    
-
    1.27 
                
Balance, December 31, 2018   187,933,730    
-
    1.27 
Granted   
-
    
-
    
-
 
Exercised   
-
    
-
    
-
 
Surrendered   
-
    
          -
    
-
 
                
Balance, December 31, 2019   187,933,730    
-
    1.27 
Exercisable, December 31, 2019   187,933,730    
-
    1.27 
Expected to vest, December 31, 2019   
-
    
-
    
-
 

 

   Number of
shares
   Weighted
average
exercise
price
   Weighted
average
grant date
fair value
 
       RMB   RMB 
Balance, December 31, 2018   
-
    
         -
    
-
 
Granted   119,674,780    
-
    0.72 
Exercised   
-
    
-
    
-
 
Surrendered   
-
    
-
    
-
 
                
Balance, December 31, 2019   119,674,780    
-
    0.72 
Exercisable, December 31, 2019   
-
    
-
    
-
 
Expected to vest, December 31, 2019   119,674,780    
-
    0.72 
                
Balance, December 31, 2019   119,674,780    
-
    0.72 
Granted   
-
    
-
    
-
 
Exercised   
-
    
-
    
-
 
Surrendered   
-
    
-
    
-
 
                
Balance, December 31, 2020   119,674,780    
-
    0.72 
Exercisable, December 31, 2020   59,837,390    
-
    0.72 
Expected to vest, December 31, 2020   59,837,390    
-
    0.72 
                
Balance, December 31, 2020   119,674,780    
-
    0.72 
Granted   
-
    
-
    
-
 
Exercised   
-
    
-
    
-
 
Surrendered   
-
    
-
    
-
 
                
Balance, December 31, 2021   119,674,780    
-
    0.72 
Exercisable, December 31, 2021   95,739,824    
-
    0.72 
Expected to vest, December 31, 2021   23,934,956    
-
    0.72 
                
Balance, December 31, 2021   119,674,780    
-
    0.72 
Granted   
-
    
-
    
-
 
Exercised   
-
    
-
    
-
 
Surrendered   
-
    
-
    
-
 
                
Balance, September 30, 2022   119,674,780    
-
    0.72 
Exercisable, September 30, 2022   95,739,824    
-
    0.72 
Expected to vest, September 30, 2022   23,934,956    
-
    0.72 

 

Schedule of fair value of options and ordinary shares estimated at the dates of option grants
Date of options grant  Options
granted
   Exercise
price
  Fair value of
option
  Fair value of
ordinary
shares
              
January 3, 2017   75,173,492   RMB0.50  RMB1.26  RMB1.72
January 3, 2017   112,760,238   RMB0.50  RMB1.27  RMB1.72
December 31, 2019   83,772,346   RMB1.00  RMB0.71  RMB1.40
December 31, 2019   35,902,434   RMB1.00  RMB0.75  RMB1.40