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Condensed Consolidated Statement of Cash Flows
¥ in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2023
CNY (¥)
Jun. 30, 2023
USD ($)
Jun. 30, 2022
CNY (¥)
Cash flows from operating activities      
Cash used in operations ¥ (101,775) $ (14,035) ¥ (141,155)
Interest received 1,608 222 1,386
Net cash used in operating activities (100,167) (13,813) (139,769)
Cash flows from investing activities      
Purchases of property, plant and equipment and other non-current assets (1,874) (258) (1,119)
Investment in financial assets and equity method investees (118,022) (16,276)  
Loan receivable from a related party (110,000) (15,170)  
Net cash paid for the acquisition of a subsidiary (34,048) (4,696)  
Disposal of financial assets 30,461 4,201  
Net cash flows used in investing activities (233,483) (32,199) (1,119)
Cash flows from financing activities      
Proceeds from debt and equity financing 355,970 49,090 552,371
Interest paid (14,024) (1,934)  
Payments of lease liabilities (4,879) (673) (6,071)
Net cash flows generated from financing activities 337,067 46,483 546,300
Net increase in cash and cash equivalents 3,417 471 405,412
Cash and cash equivalents, beginning of the period 513,351 70,794 8,489
Effect of exchange rate changes on cash and cash equivalents (227) (31) (248)
Cash and cash equivalents, end of the period ¥ 516,541 $ 71,234 ¥ 413,653