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ACCOUNTS RECEIVABLE, NET
12 Months Ended
Dec. 31, 2023
ACCOUNTS RECEIVABLE, NET  
ACCOUNTS RECEIVABLE, NET

4. ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consisted of the following:

 

As of December 31, 

    

2022

    

2023

 

RMB

RMB

Accounts receivable

 

329,336,616

263,994,880

Allowance for doubtful accounts

 

(29,593,693)

(169,038,710)

Accounts receivable, net

 

299,742,923

94,956,170

The movement of the allowance for doubtful accounts was as follows:

 

For the Year Ended

 

December 31, 

    

2021

    

2022

    

2023

 

RMB

RMB

RMB

Balance at the beginning of the year

 

3,307,381

4,549,366

29,593,693

Additions

 

1,272,454

25,044,327

139,445,017

Write-off

(30,469)

Balance at the end of the year

 

4,549,366

29,593,693

169,038,710