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REVENUE INFORMATION

12 Months Ended

Dec. 31, 2023

REVENUE INFORMATION

REVENUE INFORMATION

19. REVENUE INFORMATION

Revenues consisted of the following:

​

​	​	​	​	​	​	​
​		For the Year Ended
​		December 31,
​		2021		2022		2023
​		RMB		RMB	​	RMB
Electric scooter sales		3,252,988,512	​	2,853,895,423	​	2,358,658,368
Accessory and spare parts sales		397,088,122	​	242,296,734	​	197,634,073
Service revenues		54,460,785	​	72,405,177	​	95,465,205
Revenues		3,704,537,419	​	3,168,597,334	​	2,651,757,646

​

The following summarized the Group’s revenues from the following geographic areas (based on the location of customers):

​

​	​	​	​	​	​	​
​		For the Year Ended
​		December 31,
​		2021		2022		2023
​		RMB		RMB		RMB
PRC		3,158,966,932		2,583,843,616		2,247,593,239
Europe		430,201,301		343,157,877		151,521,237
Others		115,369,186		241,595,841		252,643,170
Revenues		3,704,537,419		3,168,597,334		2,651,757,646

​

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The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI https://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
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-Section 50
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
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