| INTANGIBLE ASSETS, NET |
10. INTANGIBLE ASSETS, NET
The following table summarizes the Company’s
intangible assets, as of December 31, 2023 and 2024.
SCHEDULE OF INTANGIBLE ASSETS, NET
| | |
December 31, 2023 | |
| | |
Gross | | |
| | |
| | |
Net | | |
Weighted average | |
| | |
carrying | | |
Accumulated | | |
Accumulated | | |
carrying | | |
amortization | |
| | |
amount | | |
amortization | | |
impairment | | |
amount | | |
Period | |
| | |
RMB | | |
RMB | | |
RMB | | |
RMB | | |
Years | |
| Software copyrights | |
| 16,860 | | |
| (11,627 | ) | |
| - | | |
| 5,233 | | |
| 7.2 | |
| Telecommunication business operation licenses | |
| 2,882 | | |
| (2,819 | ) | |
| - | | |
| 63 | | |
| 4.0 | |
| Technology | |
| 14,865 | | |
| (3,027 | ) | |
| (10,474 | ) | |
| 1,364 | | |
| 7.2 | |
| Non-compete arrangements | |
| 805 | | |
| (260 | ) | |
| (545 | ) | |
| - | | |
| 3.8 | |
| Customer relationship | |
| 15,000 | | |
| (3,448 | ) | |
| (5,586 | ) | |
| 5,966 | | |
| 10.0 | |
| Trademark | |
| 8,472 | | |
| (1,698 | ) | |
| (5,106 | ) | |
| 1,668 | | |
| 8.9 | |
| Order backlogs | |
| 8,660 | | |
| (2,223 | ) | |
| (6,437 | ) | |
| - | | |
| 7.2 | |
| Total | |
| 67,544 | | |
| (25,102 | ) | |
| (28,148 | ) | |
| 14,294 | | |
| | |
| | |
December 31, 2024 | |
| | |
Gross | | |
| | |
| | |
Net | | |
Weighted average | |
| | |
carrying | | |
Accumulated | | |
Accumulated | | |
carrying | | |
amortization | |
| | |
amount | | |
amortization | | |
impairment | | |
amount | | |
Period | |
| | |
RMB | | |
RMB | | |
RMB | | |
RMB | | |
Years | |
| Software copyrights | |
| 16,816 | | |
| (12,687 | ) | |
| - | | |
| 4,129 | | |
| 7.0 | |
| Telecommunication business operation licenses | |
| 2,882 | | |
| (2,839 | ) | |
| - | | |
| 43 | | |
| 4.0 | |
| Technology | |
| 14,865 | | |
| (3,447 | ) | |
| (10,474 | ) | |
| 944 | | |
| 7.0 | |
| Non-compete arrangements | |
| 805 | | |
| (260 | ) | |
| (545 | ) | |
| - | | |
| 4.0 | |
| Customer relationship | |
| 15,000 | | |
| (4,271 | ) | |
| (5,586 | ) | |
| 5,143 | | |
| 10.0 | |
| Trademark | |
| 8,472 | | |
| (2,016 | ) | |
| (5,106 | ) | |
| 1,350 | | |
| 9.0 | |
| Order backlogs | |
| 8,660 | | |
| (2,223 | ) | |
| (6,437 | ) | |
| - | | |
| 4.0 | |
| Total | |
| 67,500 | | |
| (27,743 | ) | |
| (28,148 | ) | |
| 11,609 | | |
| | |
Amortization expenses for intangible assets were RMB8,589,
RMB3,392 and RMB2,641 for the years ended December 31, 2022, 2023 and 2024, respectively.
The estimated amortization expense for the next five
years is as follows:
SCHEDULE OF ESTIMATED AMORTIZATION EXPENSE
| | |
RMB | |
| 2025 | |
| 1,610 | |
| 2026 | |
| 1,606 | |
| 2027 | |
| 1,292 | |
| 2028 | |
| 1,188 | |
| 2029 | |
| 950 | |
| Then thereafter | |
| 4,963 | |
|