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Intangible assets, net
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets, net

7. Intangible assets, net

 

The following table summarizes the Group’s intangible assets, net:

 

   December 31, 2023   June 30, 2024 
   RMB   RMB 
Gross carrying amount          
Software   916    916 
Licenses   21,000    21,000 
Agency agreements   18,000    18,000 
Channel relationship   19,000    19,000 
Total intangible assets   58,916    58,916 
           
Less: accumulated amortization          
Software   (916)   (916)
Licenses   (12,950)   (14,000)
Agency agreements   (18,000)   (18,000)
Channel relationship   (19,000)   (19,000)
Total intangible assets, net   8,050    7,000 

 

Amortization expense for the six months ended June 30, 2023 and 2024 were RMB1.1 million and RMB1.1 million, respectively.

 

The estimated amortization expenses for each of the following periods are as follows:

 

   June 30, 2024 
   RMB 
Remainder of 2024   1,050 
2025   2,100 
2026   2,100 
2027   1,750 
Total   7,000