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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2022
PROPERTY AND EQUIPMENT, NET  
PROPERTY AND EQUIPMENT, NET

5.PROPERTY AND EQUIPMENT, NET

Property and equipment, net consist of the following:

As of December 31, 

    

2021

    

2022

Cost:

  

  

Buildings

 

305

 

843

Leasehold improvements

 

10,467

 

10,952

Furniture, fixtures and equipment

 

2,348

 

2,520

Motor vehicles

 

3

 

3

 

13,123

 

14,318

Less: Accumulated depreciation

 

6,845

 

7,727

 

6,278

 

6,591

Construction in progress

 

778

 

193

Property and equipment, net

 

7,056

 

6,784

Depreciation expense was RMB1,219, RMB1,352 and RMB1,312 for the years ended December 31, 2020, 2021 and 2022, respectively.