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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2023
PROPERTY AND EQUIPMENT, NET  
PROPERTY AND EQUIPMENT, NET

7. PROPERTY AND EQUIPMENT, NET

As of December 31, 

2022

2023

2023

    

RMB

    

RMB

    

US$

(in thousands)

Electronic equipment and others

 

18,600

19,618

2,763

Less: accumulated depreciation

 

(9,395)

(13,449)

(1,894)

Property and equipment, net

 

9,205

6,169

869

Depreciation expense for the years ended December 31, 2021, 2022 and 2023 was RMB3,399 thousand, RMB4,130 thousand and RMB4,065 thousand (US$573 thousand), respectively.