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Redeemable Noncontrolling Interests (Tables)

12 Months Ended

Dec. 31, 2021

Noncontrolling Interest [Abstract]

Redeemable Noncontrolling Interest

The movement in the carrying value of the redeemable noncontrolling interests is as follows:

		For the years ended December 31,
		2021				2021
		RMB				US$
		(in thousands)
Balance as of December 31, 2020			—				—
Issuance of subsidiary shares			30,000				4,708
Accretion of redeemable noncontrolling interests			—				—
Balance as of December 31, 2021			30,000				4,708

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- References

No definition available.

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- Definition

Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity.

+ References

No definition available.

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