v3.26.3
Intangible Assets, Net
 6 Months Ended
Jun. 30, 2026
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

9. INTANGIBLE ASSETS, NET

 

The following table presents the Company’s intangible assets as of the respective balance sheet dates:

 

    As of  
    December 31,
2025		     June 30, 2026  
    RMB     RMB     US$  
Purchased copyright     72,415       78,581       11,582  
Less: accumulated amortization     (27,298 )     (38,905 )     (5,734 )
Balance at the end of the year     45,117       39,676       5,848  

 

The intangible assets are amortized using the straight-line method, which is the Company’s best estimate of how these assets will be economically consumed over their respective estimated useful lives of one to ten years.

 

Amortization expense was RMB18,304 and RMB15,635 (US$2,304) for the six months ended June 30, 2025 and 2026, respectively.

 

The annual estimated amortization expenses for the intangible assets for each of the next five years are as follows:

 

    RMB     US$  
Remaining of 2026     13,252       1,953  
2027     10,329       1,522  
2028     4,943       729  
2029     2,209       326  
2030     2,906       428  
Thereafter     6,037       890  
      39,676       5,848