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Organization and Reorganization (Tables) | 12 Months Ended
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Dec. 31, 2020
Organization and Reorganization |
Schedule of principal subsidiaries, major VIEs and major subsidiaries of VIEs |
|  | Place and |  | Percentage of |  |
|  | year of |  | direct or indirect |  |
Major Subsidiaries |  | incorporation |  | economic ownership |  | Principal activities
TuanChe Information Limited (“TuanChe Information”) |  | Hong Kong, PRC 2012 |  | 100 |  | Investment holding
TuanYuan Internet Technology (Beijing) Co., Ltd. (“TuanYuan”) |  | Beijing, PRC 2013 |  | 100 |  | Technical support and consulting services, auto shows, special promotion events, virtual dealership, online marketing services
Longye International Limited (“Longye”)* |  | Cayman Islands 2018 |  | 100 |  | Investment holding
Long Ye Information Technology Limited* |  | Hong Kong, PRC 2018 |  | 100 |  | Investment holding
Beijing Sangu Maolu Information Technology Co., Ltd. (“Sangu Maolu”)* |  | Beijing, PRC 2019 |  | 100 |  | Technical support and consulting services
Chema Technology (Beijing) Co., Ltd. (“Chema”) |  | Beijing, PRC 2018 |  | 100 |  | Technical support and consulting services
|  | Place and |  | Percentage of |  |
|  | year of |  | direct or indirect |  |
Major VIEs |  | incorporation |  | economic ownership |  | Principal activities
TuanChe Internet Information Service (Beijing) Co., Ltd. (“TuanChe Internet”) |  | Beijing, PRC 2012 |  | 100 |  | Auto shows, special promotion events, online marketing services
Best Cars Limited (“Best Cars”) |  | British Virgin Islands, 2018 |  | 100 |  | Holding of ordinary shares for restricted share awards
Shenzhen Drive New Media Co., Ltd. (“Drive New Media”)* |  | Shenzhen, PRC 2013 |  | 100 |  | Subscription and support services
Beijing Internet Drive Technology Co., Ltd. (“Internet Drive Technology”)* |  | Beijing, PRC 2018 |  | 100 |  | Technical support and consulting services
Tansuojixian Technology (Beijing) Co., Ltd. (“Tansuojixian”) |  | Beijing, PRC 2018 |  | 100 |  | Technical support and consulting services
|  | Place and |  | Percentage of |  |
|  | year of |  | direct or indirect |  |
Major subsidiaries of VIEs |  | incorporation |  | economic ownership |  | Principal activities
TuanChe (Beijing) Automobile Sales Service Co., Ltd. (“TuanChe Automobile”) |  | Beijing, PRC 2015 |  | 100 |  | Virtual dealership services
Beijing GuoHeng Chuangxin Automobile Sales & Service Co., Ltd. (“GuoHeng Chuangxin”) |  | Beijing, PRC 2016 |  | 100 |  | Remain dormant
Tengzhou GuoChuang Automobile Sales & Service Co., Ltd. (“GuoChuang Automobile”) |  | Shandong, PRC 2016 |  | 100 |  | Remain dormant
Tianjin Hengyuan Chuangxin Automobile Sales & Service Co., Ltd. (“Tianjin Hengyuan”) |  | Tianjin, PRC 2016 |  | 100 |  | Remain dormant
* On January 13, 2020, the Company completed the acquisition of Longye. Please refer to Note 24 for more details on the disclosure of this acquisition.
Schedule of consolidated financial statements |
|  | As of December 31, |  | As of December 31,
|  | 2019 |  | 2020
|  | RMB |  | RMB
ASSETS |  |  |  |
Current assets: |  |  |  |
Cash and cash equivalents |  | 13,136 |  | 20,178
Accounts receivable, net |  | 6,834 |  | 9,803
Prepayments and other current assets |  | 17,092 |  | 8,329
Amount due from the subsidiaries of the Group |  | 11,197 |  | 73,036
Total current assets |  | 48,259 |  | 111,346
Non-current assets: |  |  |  |
Property, equipment and software, net |  | 313 |  | 578
Operating lease right-of-use assets, net |  | — |  | 2,003
Long-term investments |  | 7,874 |  | 8,949
Total non-current assets |  | 8,187 |  | 11,530
TOTAL ASSETS |  | 56,446 |  | 122,876
Current liabilities: |  |  |  |
Accounts payable |  | 3,624 |  | 3,827
Advance from customers |  | 2,677 |  | 4,649
Salary and welfare benefits payable |  | 29,970 |  | 31,115
Other taxes payable |  | 12,412 |  | 12,860
Short-term operating lease liabilities |  | — |  | 1,025
Current portion of deferred revenue |  | — |  | 4,054
Other current liabilities |  | 800 |  | 8,795
Amount due to the subsidiaries of the Group |  | 183,674 |  | 210,102
Total current liabilities |  | 233,157 |  | 276,427
Non-current liabilities: |  |  |  |
Non-current portion of deferred revenue |  | — |  | 185
Long-term operating lease liabilities |  | — |  | 978
Total non-current liabilities |  | — |  | 1,163
TOTAL LIABILITIES |  | 233,157 |  | 277,590
|  | For the year ended
|  | December 31, |  | December 31, |  | December 31,
|  | 2018 |  | 2019 |  | 2020
|  | RMB |  | RMB |  | RMB
Net revenues |  | 329,788 |  | 144,115 |  | 104,819
Net (loss)/profit from continuing operations |  | (34,674) |  | 7,450 |  | (3,462)
Net (loss)/profit from discontinued operations |  | (3,612) |  | — |  | —
Net (loss)/profit |  | (38,286) |  | 7,450 |  | (3,462)
|  | For the year ended
|  | December 31, |  | December 31, |  | December 31,
|  | 2018 |  | 2019 |  | 2020
|  | RMB |  | RMB |  | RMB
Net cash generated from/(used in) operating activities |  | 24,144 |  | (6,612) |  | (4,945)
Net cash (used in)/generated from investing activities |  | (50) |  | (5,418) |  | 12,050
Net cash used in financing activities |  | (31,138) |  | — |  | (63)
Net (decrease)/increase in cash and cash equivalent |  | (7,044) |  | (12,030) |  | 7,042

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- Definition Tabular disclosure of condensed financial statements, including, but not limited to, the balance sheet, income statement, and statement of cash flows. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
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