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SHORT TERM INVESTMENT
12 Months Ended
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