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(LOSS) INCOME PER SHARE (Tables)
12 Months Ended
Dec. 31, 2022
(LOSS) INCOME PER SHARE  
Schedule of loss per share calculation

Loss per share is calculated as follows:

For the year

For the year

For the year

For the year

ended December 

ended December

ended December

ended December

    

31, 2020

    

31, 2021

    

31, 2022

    

31, 2022

    

RMB

    

RMB

    

RMB

    

US$

(Note 3)

Numerator:

Net (loss) income attributable to ordinary shareholders before change in redeemable noncontrolling interest

 

397,883,388

(411,234,755)

(974,859,050)

(141,341,275)

Change in redeemable noncontrolling interest

 

(1,190,122)

Net (loss) income attributable to ordinary shareholders

 

396,693,266

(411,234,755)

(974,859,050)

(141,341,275)

Denominator:

Denominator for basic and diluted (loss) income per share – weighted-average shares outstanding

 

163,599,920

495,304,894

720,237,128

720,237,128

Net (loss) income attributable to holders of ordinary shares per share

- Basic and diluted

 

2.42

(0.83)

(1.35)

(0.20)