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Related Party Balances and Transactions | 12 Months Ended
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Dec. 31, 2022
Related Party Balances and Transactions |
Related Party Balances and Transactions | 26. Related Party Balances and Transactions The principal related parties with which the Group had transactions during the years presented are as follows: ​
Name of Entity or Individual |  | Relationship with the Company
Kunshan Siwopu Intelligent Equipment Co., Ltd. | ​ | An investee of the Group
Nanjing Weibang Transmission Technology Co., Ltd. | ​ | An investee of the Group
Wuhan Weineng Battery Assets Co., Ltd. | ​ | An investee of the Group
Xunjie Energy (Wuhan) Co., Ltd. | ​ | An investee of the Group
Jianglai Advanced Manufacturing Technology (Anhui) Co., Ltd. | ​ | An investee of the Group
Beijing Bit Ep Information Technology Co., Ltd. | ​ | Controlled by Principal Shareholder
Beijing Weixu Business Consulting Co., Ltd. | ​ | Significantly influenced by Principal Shareholder
Beijing Yiche Information Science and Technology Co., Ltd. | ​ | Controlled by Principal Shareholder
Beijing Yiche Interactive Advertising Co., Ltd. | ​ | Controlled by Principal Shareholder
Hefei Chuangwei Information Consultation Co., Ltd. | ​ | Controlled by Principal Shareholder
Huang River Investment Limited | ​ | Controlled by Principal Shareholder
Ningbo Meishan Bonded Port Area Weilan Investment Co., Ltd. | ​ | Controlled by Principal Shareholder
Ningbo Meishan Free Trade Port Weilai Xinneng Investment Management Co., Ltd. | ​ | Significantly influenced by Principal Shareholder
Serene View Investment Limited | ​ | Controlled by Principal Shareholder
Shanghai Weishang Business Consulting Co., Ltd. | ​ | Significantly influenced by Principal Shareholder
Shanghai Yiju Information Technology Co., Ltd. | ​ | Controlled by Principal Shareholder
Tianjin Boyou Information Technology Co., Ltd. | ​ | Controlled by Principal Shareholder
Wistron Info Comm (Kunshan) Co., Ltd. | ​ | Non-controlling shareholder of subsidiary
Xtronics Innovation Ltd. | ​ | Non-controlling shareholder of subsidiary
​ In December 2020, Mr. Bin Li resigned as chairman of the Board in Beijing Bitauto Interactive Technology Co., Ltd.. Since then, Beijing Bitauto Interactive Technology Co., Ltd., Beijing Xinyi Hudong Guanggao Co., Ltd., Bite Shijie (Beijing) Keji Co., Ltd. and Beijing Chehui Hudong Guanggao Co., Ltd. were no longer controlled by Mr. Bin Li, and were no longer the Group’s related parties. In February 2022, the Group disposed its equity interests in Suzhou Zenlead XPT New Energy Technologies Co., Ltd.. Since then, Suzhou Zenlead was no longer the Group’s related party. (a) The Group entered into the following significant related party transactions: (i) Provision of service For the years ended December 31, 2020, 2021 and 2022, service income was primarily generated from property management，administrative support, research and development services and BaaS battery buy-out services the Group provided to its related parties. ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Wuhan Weineng Battery Assets Co., Ltd. | ​ | 38 | ​ | 56,095 | ​ | 120,967
Nanjing Weibang Transmission Technology Co., Ltd. | ​ | 1,523 | ​ | 1,586 | ​ | 1,683
Beijing Weixu Business Consulting Co., Ltd. |  | — | ​ | 220 | ​ | 37
Total | ​ | 1,561 | ​ | 57,901 | ​ | 122,687
​ (ii) Acceptance of advertising and IT support services ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Tianjin Boyou Information Technology Co., Ltd. | ​ | 1,594 | ​ | 217 | ​ | 8,984
Beijing Bit Ep Information Technology Co., Ltd. |  | 4,159 | ​ | 4,533 | ​ | —
Beijing Yiche Interactive Advertising Co., Ltd. | ​ | — | ​ | 472 | ​ | —
Beijing Chehui Hudong Guanggao Co., Ltd. |  | 92,356 | ​ | — | ​ | —
Beijing Xinyi Hudong Guanggao Co., Ltd. | ​ | 39,919 | ​ | — | ​ | —
Beijing Yiche Information Science and Technology Co., Ltd. |  | 280 | ​ | — | ​ | —
Shanghai Yiju Information Technology Co., Ltd. | ​ | 142 | ​ | — | ​ | —
Bite Shijie (Beijing) Keji Co., Ltd. | ​ | 47 | ​ | — | ​ | —
Total | ​ | 138,497 | ​ | 5,222 | ​ | 8,984
​ (iii) Cost of manufacturing consignment ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Suzhou Zenlead XPT New Energy Technologies Co., Ltd. |  | 174,680 | ​ | 89,286 | ​ | —
​ In February 2022, Suzhou Zenlead XPT New Energy Technologies Co., Ltd. paid considerations of RMB 46,610 to the Group to settle the outstanding warranty obligations to the Group in connection with the manufacturing consignment of batteries for the Group. ​ (iv) Purchase of raw material or property, plant and equipment ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Kunshan Siwopu Intelligent Equipment Co., Ltd. |  | 22,797 | ​ | 876,510 | ​ | 728,096
Nanjing Weibang Transmission Technology Co., Ltd. | ​ | 114,329 | ​ | 213,867 | ​ | 248,604
Xunjie Energy (Wuhan) Co., Ltd. |  | 460 | ​ | 67,350 | ​ | 90,132
Total |  | 137,586 | ​ | 1,157,727 | ​ | 1,066,832
​ ​ (v) Sales of goods
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Wuhan Weineng Battery Assets Co., Ltd. | ​ | 290,135 |  | 4,138,187 |  | 3,103,871
Hefei Chuangwei Information Consultation Co., Ltd. | ​ | — |  | — |  | 1,798
Shanghai Weishang Business Consulting Co., Ltd. | ​ | — | ​ | 157 | ​ | 229
Beijing Yiche Interactive Advertising Co., Ltd. | ​ | 1,453 | ​ | 485 | ​ | —
Kunshan Siwopu Intelligent Equipment Co., Ltd. | ​ | — | ​ | 370 | ​ | —
Beijing Bit Ep Information Technology Co., Ltd. | ​ | 4,402 |  | — |  | —
Beijing Bitauto Interactive Technology Co., Ltd. | ​ | 1,974 |  | — |  | —
Beijing Yiche Information Science and Technology Co., Ltd. | ​ | 525 |  | — |  | —
Total | ​ | 298,489 |  | 4,139,199 |  | 3,105,898
​ (vi) Acceptance of R&D and maintenance service ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Jianglai Advanced Manufacturing Technology (Anhui) Co., Ltd. |  | — | ​ | — | ​ | 107,144
Kunshan Siwopu Intelligent Equipment Co., Ltd. |  | 1,449 | ​ | 7,265 | ​ | 13,956
Wuhan Weineng Battery Assets Co., Ltd. | ​ | — | ​ | — | ​ | 8,508
Xunjie Energy (Wuhan) Co., Ltd. | ​ | — | ​ | 929 | ​ | 3,735
Ningbo Meishan Free Trade Port Weilai Xinneng Investment Management Co., Ltd. | ​ | — | ​ | — | ​ | 3,015
Suzhou Zenlead XPT New Energy Technologies Co., Ltd. |  | 1,953 | ​ | — | ​ | —
Total | ​ | 3,402 | ​ | 8,194 | ​ | 136,358
​ (vii) Loan from related party ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Beijing Bitauto Interactive Technology Co., Ltd. | ​ | 260,000 | ​ | — | ​ | —
​ In 2020, the Company signed loan agreements with Beijing Bitauto Interactive Technology Co., Ltd. for an aggregate loan amount of RMB260,000 at an interest rate of 6%. As of December 31, 2021, the loans have been fully repaid by the Company. (viii) Sale of raw material or property, plant and equipment ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Wuhan Weineng Battery Assets Co., Ltd. | ​ | 120 | ​ | — | ​ | 1,012
Wistron Info Comm (Kunshan) Co., Ltd. | ​ | 358 | ​ | — | ​ | —
Total |  | 478 | ​ | — | ​ | 1,012
​ (ix) Convertible notes issued to related parties and interest accrual ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Huang River Investment Limited |  | 22,018 | ​ | 15,316 | ​ | 13,712
Serene View Investment Limited | ​ | 101,927 | ​ | — | ​ | —
Total |  | 123,945 | ​ | 15,316 | ​ | 13,712
​ (x) Purchase of equity investee ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Weilan (Note 9) |  | — | ​ | 50,000 | ​ | —
​ (b) The Group had the following significant related party balances: (i) Amounts due from related parties ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2021 |  | 2022
Wuhan Weineng Battery Assets Co., Ltd. |  | 1,563,757 | ​ | 1,376,584
Kunshan Siwopu Intelligent Equipment Co., Ltd. |  | — | ​ | 8,647
Hefei Chuangwei Information Consultation Co., Ltd. |  | — | ​ | 2,032
Nanjing Weibang Transmission Technology Co., Ltd. | ​ | 268 | ​ | 283
Shanghai Weishang Business Consulting Co., Ltd. |  | — | ​ | 148
Total |  | 1,564,025 | ​ | 1,387,694
​ (ii) Amounts due to related parties ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2021 |  | 2022
Kunshan Siwopu Intelligent Equipment Co., Ltd. |  | 426,420 | ​ | 262,712
Wuhan Weineng Battery Assets Co., Ltd. |  | — | ​ | 58,497
Jianglai Advanced Manufacturing Technology (Anhui) Co., Ltd. | ​ | — | ​ | 23,279
Nanjing Weibang Transmission Technology Co., Ltd. | ​ | 58,025 | ​ | 22,293
Xunjie Energy (Wuhan) Co., Ltd. |  | 32,186 | ​ | 14,517
Ningbo Meishan Free Trade Port Weilai Xinneng Investment Management Co., Ltd. | ​ | — | ​ | 3,015
Wistron Info Comm (Kunshan) Co., Ltd. | ​ | 2,339 | ​ | 167
Xtronics Innovation Ltd. |  | 1,161 | ​ | 83
Tianjin Boyou Information Technology Co., Ltd. | ​ | — | ​ | 48
Suzhou Zenlead XPT New Energy Technologies Co., Ltd. | ​ | 165,219 | ​ | —
Beijing Bit Ep Information Technology Co., Ltd. | ​ | 1,350 | ​ | —
Beijing Yiche Interactive Advertising Co., Ltd. |  | 500 | ​ | —
Total | ​ | 687,200 | ​ | 384,611
​ (iii) Short-term borrowing and interest payable ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2021 |  | 2022
Huang River Investment Limited |  | 381,785 |  | 3,918
​ (iv) Long-term borrowing ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2021 |  | 2022
Huang River Investment Limited | ​ | — | ​ | 208,938
​

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI https://asc.fasb.org/topic&trid=2122745 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 + Details
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