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Accrued Expenses and Other Current Liabilities | 12 Months Ended
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Dec. 31, 2021
Payables and Accruals [Abstract] |
Accrued Expenses and Other Current Liabilities |
10. | ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
Accrued expenses and other current liabilities consist of the following:
|  |  |  |  | As of December 31, |
|  |  |  |  | 2020 |  |  | 2021 |
|  | Notes |  |  | RMB |  |  | RMB |  |  | US$ |
Short-term contract liability |  |  |  |  |  |  | 113,860,926 |  |  |  | 325,857,410 |  |  |  | 51,134,138 |
Notes Payable |  |  | i |  |  |  | — |  |  |  | 123,803,438 |  |  |  | 19,427,461 |
Customer advances |  |  | ii |  |  |  | 23,032,980 |  |  |  | 77,811,758 |  |  |  | 12,210,363 |
Payable to dealers |  |  |  |  |  |  | 37,610,651 |  |  |  | 50,680,407 |  |  |  | 7,952,862 |
Payable to employees |  |  |  |  |  |  | 66,058,774 |  |  |  | 34,285,667 |  |  |  | 5,380,169 |
Deposit due to third-parties |  |  |  |  |  |  | 19,105,683 |  |  |  | 18,891,289 |  |  |  | 2,964,455 |
Other tax payables |  |  |  |  |  |  | 26,851,725 |  |  |  | 16,494,783 |  |  |  | 2,588,391 |
Accrued professional service fees |  |  |  |  |  |  | 4,630,000 |  |  |  | 8,697,657 |  |  |  | 1,364,852 |
Derivative financial liability |  |  |  |  |  |  | — |  |  |  | 5,346,389 |  |  |  | 838,965 |
Payable to suppliers |  |  |  |  |  |  | 5,090,553 |  |  |  | 4,003,912 |  |  |  | 628,301 |
Interest payable |  |  |  |  |  |  | 1,237,131 |  |  |  | 2,667,405 |  |  |  | 418,574 |
Others |  |  |  |  |  |  | 27,255,779 |  |  |  | 50,495,262 |  |  |  | 7,923,811 |
|  |  |  |  |  |  | 324,734,202 |  |  |  | 719,035,377 |  |  |  | 112,832,342 |
(i) | In the ordinary course of business, the Company uses non-interest bearing bank acceptance drafts to settle payment with the automobile suppliers. The balance of restricted cash deposited as collateral for such notes payable was RMB nil and RMB51,793,630 (US$8,127,551) as of December 31, 2020 and 2021 , respectively . The aggregate amoun ts of unused lines of cred it fo r notes payable was RMB38 million and RM B921 millio n (US$ 145 million) as of December 31, 2020 and 2021, respectively.
(ii) | Customer advances relate to automobile customer’s deposit balances that are paid before a purchase contract is executed .

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- Definition The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period. + References No definition available. + Details
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