RELATED PARTY TRANSACTIONS |
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RELATED PARTY TRANSACTIONS | 19. RELATED PARTY TRANSACTIONS
(i) Related Parties
(ii) The Company had the following related party transactions for the years ended December 31, 2022, 2023 and 2024:
(a) Cloud-based UC&C services provided to a related party
The Company provided Cloud-based UC&C services to subsidiaries of Shanghai Keshen Information Technology Co., Ltd (“Shanghai Keshen”). Revenues of RMB34, RMB6 and , were recorded in the consolidated statements of comprehensive loss for the year ended December 31, 2022,2023 and 2024. Amounts due from Shanghai Keshen were RMB4 and as of December 31, 2023 and 2024, which are included in accounts receivable - related parties, net on the consolidated balance sheets. Amounts due to Shanghai Keshen were RMB51 and RMB62, which were deposits as of December 31, 2023 and 2024.
(b) CPaaS services provided to related parties
The Company provided CPaaS services to Shenyang Yunrongxin Technology Co., Ltd (“Shenyang Yunrongxin”). Revenues of RMB1,341, RMB913 and RMB162 were recorded in the consolidated statements of comprehensive loss for the years ended December 31, 2022, 2023 and 2024, respectively. Amounts due from Shenyang Yunrongxin were RMB700 and RMB389 as of December 31, 2023 and 2024, which are included in accounts receivable - related parties, net on the consolidated balance sheets.
The Company provided CPaaS services to Shenzhen City Yunjitong Technology Co., Ltd (“Shenzhen City Yunjitong”). Revenues of RMB2, and RMB1 were recorded in the consolidated statements of comprehensive loss for the years ended December 31, 2022, 2023 and 2024, respectively.
(c) Outsourcing services purchased from related parties
The Company purchased from Shenyang Yunrongxin project development services, which is included in cost of revenues of , RMB321 and , for the years ended December 31, 2022, 2023 and 2024, respectively. Amounts due to Shenyang Yunrongxin were RMB150 and RMB91 as of December 31, 2023 and 2024, which are included in accounts amounts due to related parties on the consolidated balance sheets.
The Company purchased project development services from Shanghai Keshen, which is included in cost of revenues of , RMB3,302 and RMB1,981, for the years ended December 31, 2022, 2023 and 2024, respectively. Amounts due from Shanghai Keshen were RMB3,350 and RMB2,590, which were prepayment of project development services fee as of December 31, 2023 and 2024, respectively.
The Company purchased project development services from Shenzhen City Yunjitong, amounts due to Shenzhen City Yunjitong were RMB4 and RMB1 as of December 31, 2023 and 2024, which are included in accounts amounts due to related parties on the consolidated balance sheets.
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