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Property and equipment, net (Tables)

12 Months Ended

Dec. 31, 2019

Property and equipment, net

Schedule of property and equipment, net

		As of
		December 31,		As of December 31,
		2018		2019		2019
		RMB		RMB		US$
Computer and transmission equipment		15,522,913		21,552,895		3,095,880
Furniture and office equipment		3,659,047		3,732,638		536,160
Leasehold improvements		20,217,502		20,842,929		2,993,899
Motor vehicles		816,103		816,103		117,226
Total property and equipment		40,215,565		46,944,565		6,743,165
Accumulated depreciation		(17,000,768)		(26,805,614)		(3,850,386)
Property and equipment, net		23,214,797		20,138,951		2,892,779

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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