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Intangible Assets, Net
 12 Months Ended
Dec. 31, 2024
Intangible Assets, Net  
Intangible Assets, Net

9.

Intangible Assets, Net

Intangible assets, net consisted of the following:

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As of December 31, 

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2023

    

2024

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RMB

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RMB

Brokerage licenses

 

60,558

 

60,558

Insurance adjusting license

 

2,293

 

2,293

Insurance agency license

 

35,130

 

35,130

Trademark and software copyright

 

77,042

 

77,042

Medical institution license

 

3,708

 

3,708

Total

 

178,731

 

178,731

Less: Accumulated amortization

 

(607)

 

(735)

Less: Impairment

 

(717)

 

(24,985)

Intangible assets, net

 

177,407

 

153,011

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Amortization expense on intangible assets for the years ended December 31, 2022, 2023 and 2024 were RMB139, RMB138 and RMB128, respectively. As of December 31, 2024, the Group expects to record amortization expenses related to intangible assets RMB118 for each of the next five years from January 1, 2025 and RMB nil thereafter. RMB nil, RMB nil and RMB24,268 of impairment losses were recognized on intangible assets and were included under “general and administrative expenses” in the consolidated statement of comprehensive (loss)/income for the years ended December 31, 2022, 2023 and 2024, respectively.

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