XML 61 R41.htm IDEA: XBRL DOCUMENT
v3.19.1

Share-based Compensation (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Schedule of weighted average assumptions used |
|  | 2016 |  |  | 2017 |  |  | 2018 |
Expected volatility |  |  | 59.60%-62.40 | % |  |  | 57.90%-59.70 | % |  |  | 57.30 | %
Weighted average volatility |  |  | 61.29 | % |  |  | 58.44 | % |  |  | 57.30 | %
Expected dividends |  |  | - |  |  |  | - |  |  |  | - |
Risk-free rate |  |  | 1.82%-2.70 | % |  |  | 2.60%-3.18 | % |  |  | 3.10 | %
Contractual term (in years) |  |  | 10 |  |  |  | 10 |  |  |  | 10 |
Enterprise value |  |  | US$0.30-US$0.32 |  |  |  | US$0.32-US$0.65 |  |  |  | US$0.65 |
Schedule of stock option activity |
|  | Employees |  |  | Consultants |  |  | Total |  |  | Weighted average exercise price |  |  | Remaining contractual life |  |  | Aggregated intrinsic value |
|  | (in thousands) |  |  | (in thousands) |  |  | (in thousands) |  |  | US$ |  |  |  |  |  | RMB |
Outstanding at January 1, 2016 |  |  | 16,661 |  |  |  | 1,637 |  |  |  | 18,298 |  |  |  | 0.30 |  |  |  | 1.95 |  |  |  | 8,394 |
Granted |  |  | 3,372 |  |  |  | - |  |  |  | 3,372 |  |  |  | 1.18 |  |  |  | - |  |  |  | - |
Exercised |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Forfeited |  |  | (1,141 | ) |  |  | - |  |  |  | (1,141 | ) |  |  | 0.63 |  |  |  | - |  |  |  | - |
Outstanding at December 31, 2016 |  |  | 18,892 |  |  |  | 1,637 |  |  |  | 20,529 |  |  |  | 0.43 |  |  |  | 1.39 |  |  |  | 9,975 |
Granted |  |  | 60 |  |  |  | - |  |  |  | 60 |  |  |  | 0.42 |  |  |  | - |  |  |  | - |
Exercised |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Forfeited |  |  | (1,877 | ) |  |  | - |  |  |  | (1,877 | ) |  |  | 0.94 |  |  |  | - |  |  |  | - |
Outstanding at December 31, 2017 |  |  | 17,075 |  |  |  | 1,637 |  |  |  | 18,712 |  |  |  | 0.37 |  |  |  | 0.72 |  |  |  | 8,951 |
Granted |  |  | 205 |  |  |  | - |  |  |  | 205 |  |  |  | 1.00 |  |  |  | - |  |  |  | - |
Exercised |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Forfeited |  |  | (3,443 | ) |  |  | - |  |  |  | (3,443 | ) |  |  | 0.12 |  |  |  | - |  |  |  | - |
Replaced by restricted shares |  |  | (13,837 | ) |  |  | (1,637 | ) |  |  | (15,474 | ) |  |  | (0.43 | ) |  |  | - |  |  |  | - |
Outstanding at December 31, 2018 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Exercisable as of December 31, 2016 |  |  | 8,382 |  |  |  | 1,318 |  |  |  | 9,700 |  |  |  | 0.20 |  |  |  | 0.61 |  |  |  | 3,914 |
Exercisable as of December 31, 2017 |  |  | 10,606 |  |  |  | 1,424 |  |  |  | 12,030 |  |  |  | 0.28 |  |  |  | 0.39 |  |  |  | 5,293 |
Exercisable as of December 31, 2018 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Schedule of restricted shares |
Restricted shares |  | Number of shares |
Outstanding as of January 1, 2016 |  |  | 15,949,454 |
Restricted shares vested |  |  | (15,949,454 | )
Outstanding as of December 31, 2016 |  |  | - |
Restricted shares vested |  |  | - |
Outstanding as of December 31, 2017 |  |  | - |
Restricted shares vested |  |  | - |
Outstanding as of December 31, 2018 |  |  | - |
|  | Number of restricted shares |  |  | Weighted-Average Grant-Date Fair Value |
|  |  |  |  | US$ |
Outstanding as of January 1, 2018 |  |  | - |  |  |  | - |
Granted |  |  | 24,407,184 |  |  |  | 1.595 |
Vested |  |  | (12,917,926 | ) |  |  | 1.595 |
Outstanding as of December 31, 2018 |  |  | 11,489,258 |  |  |  | 1.595 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration