XML 113 R62.htm IDEA: XBRL DOCUMENT
v3.19.1

ADDITIONAL INFORMATION - CONDENSED FINANCIAL STATEMENTS (Tables) - Parent Company [Member] | 12 Months Ended
--- | ---
Dec. 31, 2018
ADDITIONAL INFORMATION - CONDENSED FINANCIAL STATEMENTS [Line Items] |
Schedule of Information of Consolidating Balance Sheets |
|  | As of December 31, |
|  | 2017 |  |  | 2018 |  |  | 2018 |
|  | RMB |  |  | RMB |  |  | US$ |
|  |  |  |  |  |  |  | Note 3(a) |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | 323 |  |  |  | 5,094 |  |  |  | 740 |
Amounts due from related parties |  |  | 261,867 |  |  |  | 368,891 |  |  |  | 53,655 |
Prepaid expenses and other current assets |  |  | 2,770 |  |  |  | 863 |  |  |  | 126 |
Total current assets |  |  | 264,960 |  |  |  | 374,848 |  |  |  | 54,521 |
Non-current assets: |  |  |  |  |  |  |  |  |  |  |  |
Property and equipment, net |  |  | - |  |  |  | - |  |  |  | - |
Intangible assets, net |  |  | - |  |  |  | - |  |  |  | - |
Investment in subsidiaries |  |  | - |  |  |  | - |  |  |  | - |
Total non-current assets |  |  | - |  |  |  | - |  |  |  | - |
Total assets |  |  | 264,960 |  |  |  | 374,848 |  |  |  | 54,521 |
LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Amounts due to related parties |  |  | 17,325 |  |  |  | 41,559 |  |  |  | 6,045 |
Accrued and other liabilities |  |  | 41,196 |  |  |  | 27,553 |  |  |  | 3,997 |
Borrowing from third party, current |  |  | - |  |  |  | 41,179 |  |  |  | 6,000 |
Total current liabilities |  |  | 58,521 |  |  |  | 110,291 |  |  |  | 16,042 |
Non-current liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Long-term borrowing from third party |  |  | 39,205 |  |  |  | - |  |  |  | - |
Total non-current liabilities |  |  | 39,205 |  |  |  | - |  |  |  | - |
Total liabilities |  |  | 97,726 |  |  |  | 110,291 |  |  |  | 16,042 |
SHAREHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |
Preferred shares |  |  |  |  |  |  |  |  |  |  |  |
(US$ 0.003 par value; 1,666,667 shares authorized, nil issued and outstanding as of December 31, 2017 and 2018) |  |  | - |  |  |  | - |  |  |  | - |
Class A Ordinary shares |  |  |  |  |  |  |  |  |  |  |  |
(US$ 0.003 par value; 66,666,667 and 66,666,667 shares authorized; 34,206,939 and 38,756,289 shares issued and outstanding as of December 31, 2017 and 2018, respectively) |  |  | 640 |  |  |  | 728 |  |  |  | 106 |
Class C Ordinary shares |  |  |  |  |  |  |  |  |  |  |  |
(US$ 0.003 par value; 8,333,333 and 8,333,333 shares authorized; 4,708,415 and 4,708,415 shares issued and outstanding as of December 31, 2017 and 2018, respectively) |  |  | 90 |  |  |  | 90 |  |  |  | 13 |
Additional paid-in capital |  |  | 3,456,307 |  |  |  | 3,507,123 |  |  |  | 510,090 |
Accumulated deficit |  |  | (3,296,679 | ) |  |  | (3,251,689 | ) |  |  | (472,938 | )
Accumulated other comprehensive income |  |  | 6,876 |  |  |  | 8,305 |  |  |  | 1,208 |
Total shareholders’ equity |  |  | 167,234 |  |  |  | 264,557 |  |  |  | 38,749 |
Total liabilities and shareholders’ equity |  |  | 264,960 |  |  |  | 374,848 |  |  |  | 54,521 |
Schedule of Information of Consolidating Statement of Operations |
|  | Years ended December 31, |
|  | 2016 |  |  | 2017 |  |  | 2018 |  |  | 2018 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
|  |  |  |  |  |  |  |  |  |  | Note 3(a) |
NET REVENUES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
- Educational program and services |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
- Intellectualized operational services |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Cost of revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
- Educational program and services |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
- Intellectualized operational services |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
GROSS LOSS |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Selling and marketing |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
General and administrative |  |  | (18,854 | ) |  |  | (13,457 | ) |  |  | (1,097 | ) |  |  | (160 | )
Research and development |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total operating expenses |  |  | (18,854 | ) |  |  | (13,457 | ) |  |  | (1,097 | ) |  |  | (160 | )
OPERATING LOSS |  |  | (18,854 | ) |  |  | (13,457 | ) |  |  | (1,097 | ) |  |  | (160 | )
Share of (loss) income from subsidiaries |  |  | (23,274 | ) |  |  | 59,933 |  |  |  | 44,864 |  |  |  | 6,526 |
OTHER EXPENSE |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income, net |  |  | 1 |  |  |  | 2 |  |  |  | 117 |  |  |  | 17 |
Other income (expense), net |  |  | 6,427 |  |  |  | (15 | ) |  |  | 1,106 |  |  |  | 161 |
Income tax |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
NET (LOSS) INCOME |  |  | (35,700 | ) |  |  | 46,463 |  |  |  | 44,990 |  |  |  | 6,544 |
Schedule of Information of Consolidating Statement of Cash Flows |
|  | Years ended December 31, |
|  | 2016 |  |  | 2017 |  |  | 2018 |  |  | 2018 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
|  |  |  |  |  |  |  |  |  |  | Note 3(a) |
Cash flows from operating activities |  |  | (6,348 | ) |  |  | (18,255 | ) |  |  | (86 | ) |  |  | (13 | )
Cash flows from investing activities |  |  | - |  |  |  | (1,556 | ) |  |  | (2,619 | ) |  |  | (381 | )
Cash flows from financing activities |  |  | (843 | ) |  |  | 18,667 |  |  |  | 7,476 |  |  |  | 1,087 |
Effects of exchange rate changes on cash and cash equivalents |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Net change in cash and cash equivalents |  |  | (7,191 | ) |  |  | (1,144 | ) |  |  | 4,771 |  |  |  | 693 |
Cash and cash equivalents at beginning of year |  |  | 8,658 |  |  |  | 1,467 |  |  |  | 323 |  |  |  | 47 |
Cash and cash equivalents at end of year |  |  | 1,467 |  |  |  | 323 |  |  |  | 5,094 |  |  |  | 740 |
Supplemental disclosure of cash flow information |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Supplemental disclosure of non-cash investing and financing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | srt_CondensedFinancialStatementsCaptionsLineItems
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |