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Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Movements in the Allowance for Credit Losses

The movements in the allowance for credit losses were as follows:

 

 

For the year ended

 

 

2023

 

 

RMB

 

Balance as of January 1

 

-

 

Amounts charged to expenses

 

19,887

 

Balance as of December 31

 

19,887

 
Property and Equipment Estimated Useful Lives

Property and equipment is carried at cost less accumulated depreciation and impairment, if any. Depreciation is calculated on a straight-line basis over the following estimated useful lives.

 

Category

 

Estimated useful lives

Machinery

 

3-10 years

Electronic equipment

 

3 years

Office furniture and equipment

 

3 -5 years

Vehicles

 

4 years

Leasehold improvements

 

Shorter of the term of the lease or the estimated useful lives of the assets
Estimated Useful Lives of Intangible Assets

The estimated useful lives of intangible assets are as follows:

 

Category

 

Estimated useful lives

Trademarks

 

9-20 years

Software

 

5-10 years

Customer Relationship

 

6.25 years

Techniques

 

10 years

Non-compete

 

5 years