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Related Party Balances and Transactions (Tables)

6 Months Ended

Jun. 30, 2024

Related Party Transactions [Abstract]

Schedule of Related Parties of the Group and their Relationships

The table below sets major related parties of the Group and their relationships with the Group:

 Schedule of Related Parties of the Group and their Relationships

Entity or individual name		Relationship with the Group
Fanhua Group		Shareholder of the Company

Schedule of Related Party Transaction

The outstanding balance due to related parties as of December 31, 2023 and June 30, 2024 were as follows:

 Schedule of Related Party Transaction

		As of				As of
Balances with related parties		December 31, 2023				June 30, 2024
		RMB				RMB
Amounts due to related parties
Fanhua Group (i)			55,251				58,801
Amounts due to related parties			55,251				58,801

(i) Corporate borrowings from Fanhua Group

Schedule of Estimate the Fair Value of the Corporate Borrowings

 Schedule of Estimate the Fair Value of the Corporate Borrowings

		As of				As of
		December 31, 2023				June 30, 2024
Discount rate			11.87	%			11.17	%

Schedule of Corporate Borrowings

The movement of Corporate borrowings from Fanhua Group is as follows:

 Schedule of Corporate Borrowings

		Corporate Borrowings
		RMB
Balance as of January 1, 2023			59,932
Change in fair value			3,836
Change in other comprehensive income			300
Others			10
Balance as of June 30, 2023			64,068
Balance as of January 1, 2024			55,251
Change in fair value			3,286
Change in other comprehensive income			254
Others			10
Balance as of June 30, 2024			58,801

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Schedule of Corporate borrowings.

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Schedule Of Major Related Parties Of Group And Their Relationships Transactions [Table Text Block]

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Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

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