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Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Summary of Future Minimum Payments under Non-Cancelable Operating Leases

Future minimum payments under non-cancelable operating leases for office rental consist of the following as of December 31, 2021:

		RMB				US$
Year ending December 31:
2022			15,710,485				2,465,318
2023			14,124,342				2,216,417
2024			13,873,588				2,177,069
2025			13,459,582				2,112,102
2026			13,459,582				2,112,102
2027 and after			48,629,836				7,631,082
Total			119,257,415				18,714,090

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- References

No definition available.

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=123406913&loc=d3e41502-112717

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