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RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2020
RELATED PARTY TRANSACTIONS  
Schedule of Related Party Transactions

a)

Related parties#

Name of Related Parties

    

Relationship with the Group 

JYADK

 

Equity investee of the Group

Zhejiang Marine Leasing Ltd.***

Equity investee of the Group since June 10, 2020

Guofu Huimei *

Equity investee of the Group till October 7, 2018

CMCC *

Equity investee of the Group till October 7, 2018

Beijing Century Friendship *

Equity investee of the Group till October 7, 2018

Tianjin Jiatai **

 

Equity investee of the Group till November 17,2019

Wuxi MZJH **

 

Equity investee of the Group till November 17,2019

SH Rongchi **

 

Equity investee of the Group till November 17,2019

SH MZJH **

 

Equity investee of the Group till November 17,2019

Allcure Information

 

An entity controlled by a director of the Company

Shanghai Huifu Technology Limited

 

An entity controlled by a director of the Company

Cherrylane Investments Limited

 

An entity controlled by a director of the Company

#    These are the related parties that have engaged in significant transactions with the Company for the years ended December 31, 2018, 2019 and 2020.

*    Guofu Huimei, CMCC and Beijing Century Friendship were equity investee of the Group previously, which have been acquired by the Group since October 8, 2018 and have become subsidiaries of the Group.

**  Tianjin Jiatai, SH Rongchi, SH MZJH and Wuxi MZJH were equity investee of the Group previously, which have been acquired by the Group since November 18, 2019 and have become subsidiaries of the Group.

***Zhejiang Marine Leasing Ltd, which have been invested by the Group since June 10, 2020 and have become an associate of the Group.

b)    The Group had the following related party transactions for the years ended December 31, 2018, 2019 and 2020.

For the Years ended December 31, 

2018

2019

2020

2020

    

RMB

    

RMB

    

RMB

    

US$

Loan to:

 

  

 

  

 

  

 

  

Tianjin Jiatai

 

50

 

5,949

 

Wuxi MZJH

 

460

 

1,640

 

SH MZJH

 

1,000

 

28,002

 

 

1,510

 

35,591

 

Interest income from:

 

  

 

 

JYADK

 

285

 

206

 

127

19

Loan from:

 

  

 

 

Beijing Century Friendship

 

30,551

 

 

CMCC

 

13,408

 

 

Shanghai Huifu Technology Limited

 

22,000

 

 

Wuxi MZJH

 

1,850

 

 

SH Rongchi

 

18,820

 

 

SH MZJH

 

12,420

 

 

Cherrylane Investments Limited

 

12,720

 

 

Zhejiang Marine Leasing Ltd

199,000

30,498

 

111,769

 

 

199,000

30,498

Interest expense to:

 

  

 

 

Tianjin Jiatai

 

193

 

 

Guofu Huimei

 

15,997

 

 

Cherrylane Investments Limited

151

587

90

Zhejiang Marine Leasing Ltd

41,331

6,129

 

16,190

 

151

 

41,918

6,219

Repayment to:

 

  

 

 

Tianjin Jiatai

 

36,420

 

34,540

 

Shanghai Huifu Technology Limited

 

20,285

 

1,715

 

Cherrylane Investments Limited

 

2,750

 

 

SH Rongchi

1,029

Zhejiang Marine Leasing Ltd

272,640

41,784

 

59,455

 

37,284

 

272,640

41,784

Repayment from:

JYADK

 

 

1,485

 

1,485

228

SH MZJH

 

 

26,000

 

 

 

27,485

 

1,485

228

Management service income from:

 

  

 

 

SH MZJH

 

4,810

 

5,081

 

CMCC

 

4,331

 

 

 

9,141

 

5,081

 

Schedule of Related Party Balances

(c)

The balances between the Group and its related parties as of December 31, 2019 and 2020 are listed below.

As at December 31, 

2019

2020

2020

    

RMB

    

RMB

    

US$

Due from related parties, current:

 

  

 

  

 

  

JYADK

 

3,833

 

1,845

283

Due to related parties, current

 

  

 

  

 

  

Zhejiang Marine Leasing Ltd

3,191

489

Cherrylane Investments Limited

10,120

9,461

1,450

 

10,120

 

12,652

 

1,939

Due to related parties, non-current

 

  

 

  

 

  

Zhejiang Marine Leasing Ltd

 

 

102,757

 

15,748

 

 

 

Due to related parties, non-current, due within 1 year

 

 

 

Zhejiang Marine Leasing Ltd

 

 

73,145

 

11,210