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Fair Value Measurement (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis

The following table summarizes the Company’s financial liabilities measured and recorded at fair value on recurring basis as of December 31, 2023 and June 30, 2024:

  

   As of December 31, 2023 
  

Active Market

(Level 1)

  

Observable Input

(Level 2)

  

Unobservable Input

(Level 3)

   Total 
   RMB   RMB   RMB   RMB 
Liabilities:                    
Warrant   5,419    -    850    6,269 
Corporate borrowings from Fanhua Group   -    -    55,251    55,251 

 

   As of June 30, 2024 
  

Active Market

(Level 1)

  

Observable Input

(Level 2)

  

Unobservable Input

(Level 3)

   Total 
   RMB   RMB   RMB   RMB 
Liabilities:                    
Warrant   2,921    -    1    2,922 
Corporate borrowings from Fanhua Group   -    -    58,801    58,801