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SHORT TERM INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2018

Short-term Investments [Abstract]

Schedule of amortized cost, gross unrecognized holding gains and losses, gross unrealized gain in accumulated other comprehensive income, and estimated fair value of investments

The amortized cost, gross unrealized gain in accumulated other comprehensive income, and estimated fair value of investments as of December 31, 2017 and 2018, are reflected in the tables below:

As of December 31, 2017

Amortized Cost

Gross unrealized gain in accumulated other comprehensive income

Estimated Fair value

RMB

RMB

RMB

Short-term investments:

Held-to-maturity investments

Fixed-rate financial products

93,000

-

93,000

Available-for-sale investments

Adjustable-rate financial products

128,000

42

128,042

As of December 31, 2018

Amortized Cost

Gross unrealized gain in accumulated other comprehensive income

Estimated Fair value

RMB

RMB

RMB

Short-term investments:

Held-to-maturity investments

Fixed-rate financial products

70,000

-

70,000

Available-for-sale investments

Adjustable-rate financial products

47,000

208

47,208

Schedule of interest income recognized on held-to-maturity investments

Interest income recognized on held-to-maturity investments for years ended December 31, 2016, 2017 and 2018 were as follows:

		Year Ended December 31,
		2016				2017				2018				2018
		RMB				RMB				RMB				USD
Interest income recognized on held-to-maturity investments			4,078				3,799				5,836				849

X

- Definition

Tabular disclosure of the reconciliation of available-for-sale securities and held-to-maturity securities from cost basis to fair value.

+ References

No definition available.

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Tabular disclosure of investment income, including, but not limited to, interest and dividend income and amortization of discount (premium) derived from debt and equity securities. Excludes realized and unrealized gain (loss) on investments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.9)
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.2)
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.7(a),(b))
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.8)
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

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