Intangible Assets, Net

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

8.	INTANGIBLE ASSETS, NET

The following tables present the

Company

’s intangible assets with definite lives as of the respective balance sheet dates:


	December 31, 2021
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value
	RMB		RMB			RMB		US$
Technologies		202,100		(40,420	)		161,680		25,371
Trademarks		175,309		(72,237	)		103,072		16,174
Customer relationship		46,900		(13,860	)		33,040		5,185
Websites		27,000		(27,000	)		—		—
Domain names		2,954		(2,277	)		677		106
Database		73,500		(14,700	)		58,800		9,228
Licensing agreements		2,798		(2,636	)		162		25
Insurance brokerage license		28,133		(28,133	)		—		—

		558,694		(201,263	)		357,431		56,089


	December 31, 2020
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value
	RMB		RMB			RMB
Technologies		202,100		—			202,100
Trademarks		175,309		(56,993	)		118,316
Customer relationship		46,900		(5,600	)		41,300
Websites		27,000		(27,000	)		—
Domain names		2,237		(2,012	)		225
Database		73,500		—			73,500
Licensing agreements		2,870		(2,579	)		291
Insurance brokerage license		28,133		(23,444	)		4,689

		558,049		(117,628	)		440,421

The

Company

obtained insurance brokerage license in 2017 through acquisition of Shanghai Tianhe Insurance Brokerage Co., Ltd., which was accounted for as asset acquisition. The Company acquired TTP on December 31, 2020 and identified the intangible assets of technologies, trademarks, customer relationship and database (Note 19). 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 ranging from approximately 1.75 to 15 years. Amortization expense was RMB11,662, RMB12,045 and RMB83,710 (US$13,136

)

for the years ended December 31, 2019, 2020 and 2021, respectively.

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


	2022		2023		2024		2025		2026
	RMB		RMB		RMB		RMB		RMB
Amortization expenses		81,104		76,106		74,106		74,106		10,726