v3.20.1

Description of Business, Organization and Significant Concentrations and Risks - Country Risk and Cash Concentration (Details) | Dec. 31, 2019 CNY (¥) | Dec. 31, 2019 USD ($) | Dec. 31, 2018 CNY (¥)
--- | --- | --- | ---
Significant Concentrations and Risks |  |  |
Cash and cash equivalents balances | ¥ 154,197,758 | $ 22,149,122 | ¥ 190,586,342
Cash and cash equivalents | Credit concentration risk, customers or financial institutions |  |  |
Significant Concentrations and Risks |  |  |
Cash and cash equivalents balances | 154,186,801 |  | 190,586,342
Cash and cash equivalents | Credit concentration risk, customers or financial institutions | PRC |  |  |
Significant Concentrations and Risks |  |  |
Cash and cash equivalents balances | 59,517,386 |  | 143,760,681
Cash and cash equivalents | Credit concentration risk, customers or financial institutions | PRC | Denominated in Renminbi ("RMB") |  |  |
Significant Concentrations and Risks |  |  |
Cash and cash equivalents balances | 47,224,436 |  | 143,760,647
Cash and cash equivalents | Credit concentration risk, customers or financial institutions | PRC | Denominated in U.S. Dollar ("USD") |  |  |
Significant Concentrations and Risks |  |  |
Cash and cash equivalents balances | 12,292,950 |  | 34
Cash and cash equivalents | Credit concentration risk, customers or financial institutions | HKSAR |  |  |
Significant Concentrations and Risks |  |  |
Cash and cash equivalents balances | 94,669,415 |  | 46,825,661
Cash and cash equivalents | Credit concentration risk, customers or financial institutions | HKSAR | Denominated in Renminbi ("RMB") |  |  |
Significant Concentrations and Risks |  |  |
Cash and cash equivalents balances |  |  | 672
Cash and cash equivalents | Credit concentration risk, customers or financial institutions | HKSAR | Denominated in U.S. Dollar ("USD") |  |  |
Significant Concentrations and Risks |  |  |
Cash and cash equivalents balances | 91,793,594 |  | 38,358,069
Cash and cash equivalents | Credit concentration risk, customers or financial institutions | HKSAR | Denominated in Hong Kong Dollar ("HKD") |  |  |
Significant Concentrations and Risks |  |  |
Cash and cash equivalents balances | 2,875,819 |  | 8,064,121
Cash and cash equivalents | Credit concentration risk, customers or financial institutions | HKSAR | Denominated in Great Britain Pound |  |  |
Significant Concentrations and Risks |  |  |
Cash and cash equivalents balances | ¥ 2 |  | ¥ 402,799

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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3044-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118951113&loc=d3e6676-107765 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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