| Property and Equipment, Net |
|
(8) |
PROPERTY AND EQUIPMENT, NET |
Property and equipment, net consist of the following:
|
|
|
December 31,
2018 |
|
|
December 31,
2019 |
|
|
|
RMB |
|
|
RMB |
|
Building |
|
|
53,049,213 |
|
|
53,049,213 |
|
Computer equipment |
|
|
599,992 |
|
|
3,491,575 |
|
Furniture, fixtures and office equipment |
|
|
1,437,949 |
|
|
1,890,013 |
|
Motor vehicles |
|
|
1,986,506 |
|
|
1,986,506 |
|
Software |
|
|
1,156,779 |
|
|
1,797,197 |
|
Leasehold improvements |
|
|
695,185 |
|
|
14,419,590 |
|
|
|
|
58,925,624 |
|
|
76,634,094 |
|
Less: accumulated depreciation and amortization |
|
|
(21,494,883 |
) |
|
(34,563,300) |
|
Property and equipment, net |
|
|
37,430,741 |
|
|
42,070,794 |
Total depreciation expense recognized for nine months ended December 31, 2017, the years ended December 31, 2018 and 2019 is allocated to the following expense items:
|
|
|
Nine months
ended
December 31 |
|
|
Twelve months
ended
December 31 |
|
|
Twelve months
ended
December 31 |
|
|
|
2017 |
|
|
2018 |
|
|
2019 |
|
|
|
RMB |
|
|
RMB |
|
|
RMB |
|
Cost of revenues |
|
|
1,384,157 |
|
|
|
3,802 |
|
|
28,389 |
|
Research and development |
|
|
641,793 |
|
|
|
640,372 |
|
|
226,173 |
|
Sales and marketing |
|
|
111,226 |
|
|
|
122,199 |
|
|
35,343 |
|
General and administrative |
|
|
626,395 |
|
|
|
417,295 |
|
|
4,491,492 |
|
Other operating income, net |
|
|
— |
|
|
|
1,782,454 |
|
|
369,048 |
|
Total depreciation expense |
|
|
2,763,571 |
|
|
|
2,966,122 |
|
|
5,150,445 |
|