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Acquisition (Tables)

12 Months Ended

Dec. 31, 2020

Acquisition

Schedule of purchase price for the acquisition

		Amount
		RMB
Total Cash consideration		99,896
Plus: Equity consideration		16,969
Purchase consideration		116,865

Schedule of fair value of the assets acquired and liabilities assumed

		Amount		Amortization
		RMB		Period
Intangible assets
Customer relationships		3,300		3 years
Trade names		4,822		10 years
Technologies		17,833		7 years
Goodwill		115,414
Net liabilities acquired, excluding intangible assets and the related deferred tax liabilities		(18,021)
Deferred tax liabilities		(6,483)
		116,865

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The tabular disclosure of purchase price for the acquisition.

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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121647850&loc=d3e4845-128472

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