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SHORT TERM INVESTMENT | 12 Months Ended
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Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract] |
SHORT TERM INVESTMENT |
5. | SHORT TERM INVESTMENT
As of December 31, 2018, the Company’s short-term investments comprised of available-for-sale debt securities including wealth management products issued by commercial banks and other financial institutions. During the year ended December 31, 2018, no unrealized gains or losses was recorded in “Accumulated other comprehensive loss”. There was no other-than-temporary impairment for the year ended December 31, 2018.
|  | As of December 31, 2018 |
|  | Cost or Amortized cost |  |  | Gross unrealized gains |  |  | Gross unrealized losses |  |  | Fair value |
|  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |
Short-term investment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale debt securities |  |  | 50,000 |  |  |  | - |  |  |  | - |  |  |  | 50,000 |

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