SCHEDULE OF CONSIDERATION PAYABLE TO WEBANK
| | |
March 31, 2024 | | |
December 31, 2024 | |
| | |
RMB | | |
RMB | |
| | |
| | |
| |
| Consideration payable to WeBank in total (i) | |
| 78,207 | | |
| 56,539 | |
| Less: current portion (recorded in “other payables and other current liabilities” (Note 9) | |
| (78,207 | ) | |
| (29,302 | ) |
| Consideration payable
to Webank | |
| - | | |
| 27,237 | |
| (i) | | In 2020, the Group
entered into agreements with WeBank in order to settle the Group’s remaining guarantee liabilities with regards to its historically-facilitated
loans. Pursuant to the agreements, the Company will pay an aggregate amount of RMB372.0 million to WeBank from 2020 to 2025 as a guarantee
settlement with a maximum annual settlement amount of no more than RMB84.0 million. Upon the signing of the 2020 July Agreement, the
Group was no longer subject to guarantee obligations in relation to its historically facilitated loans for WeBank under the condition
that the Group made the instalments based on the agreed-upon schedule in agreements. |
|