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ADDITIONAL INFORMATION - CONDENSED FINANCIAL STATEMENTS (Tables) | 12 Months Ended
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Dec. 31, 2020
Additional Information - Condensed Financial Statements |
Schedule of Information of Condensed Balance Sheets |
|  | As of December 31,
|  | 2019 |  | 2020 |  | 2020
|  | RMB |  | RMB |  | US$
|  |  |  |  |  | Note 3(a)
ASSETS |  |  |  |  |  |
Current assets: |  |  |  |  |  |
Cash and cash equivalents |  | 652 |  | 226 |  | 35
Amounts due from related parties |  | 273,715 |  | 249,057 |  | 38,170
Prepaid expenses and other current assets |  | 2,349 |  | 211 |  | 32
Total current assets |  | 276,716 |  | 249,494 |  | 38,237
Non-current assets: |  |  |  |  |  |
Investment in subsidiaries |  | — |  | — |  | —
Other non-current assets, net |  | — |  | 544 |  | 83
Total non-current assets |  | — |  | 544 |  | 83
Total assets |  | 276,716 |  | 250,038 |  | 38,320
LIABILITIES |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |
Amounts due to related parties |  | 85,358 |  | 94,510 |  | 14,484
Accrued and other liabilities |  | 27,082 |  | 12,406 |  | 1,901
Total current liabilities |  | 112,440 |  | 106,916 |  | 16,385
Non-current liabilities: |  |  |  |  |  |
Total non-current liabilities |  | — |  | — |  | —
Total liabilities |  | 112,440 |  | 106,916 |  | 16,385
SHAREHOLDERS’ EQUITY |  |  |  |  |  |
Preferred shares |  |  |  |  |  |
(US$ 0.003 par value; 1,666,667 shares authorized, nil issued and outstanding as of December 31, 2019 and 2020) |  | — |  | — |  | —
Class A Ordinary shares |  |  |  |  |  |
(US$ 0.003 par value; 66,666,667 and 66,666,667 shares authorized; 38,858,199 and 41,923,276 shares issued and outstanding as of December 31, 2019 and 2020, respectively) |  | 730 |  | 794 |  | 122
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, 2019 and 2020, respectively) |  | 90 |  | 90 |  | 14
Additional paid-in capital |  | 3,508,745 |  | 3,545,073 |  | 543,306
Accumulated deficit |  | (3,351,630) |  | (3,414,936) |  | (523,362)
Accumulated other comprehensive income |  | 6,341 |  | 12,101 |  | 1,855
Total shareholders’ equity |  | 164,276 |  | 143,122 |  | 21,935
Total liabilities and shareholders’ equity |  | 276,716 |  | 250,038 |  | 38,320
Schedule of Information of Condensed Statement of Operations |
|  | Years ended December 31,
|  | 2018 |  | 2019 |  | 2020 |  | 2020
|  | 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 |  | (1,097) |  | (12,380) |  | (7,841) |  | (1,202)
Research and development |  | — |  | — |  | — |  | —
Total operating expenses |  | (1,097) |  | (12,380) |  | (7,841) |  | (1,202)
OPERATING LOSS |  | (1,097) |  | (12,380) |  | (7,841) |  | (1,202)
Share of income (loss) from subsidiaries |  | 44,864 |  | (159,282) |  | (55,362) |  | (8,486)
OTHER EXPENSE |  |  |  |  |  |  |  |
Interest income (expense), net |  | 117 |  | (267) |  | — |  | —
Other income, net |  | 1,106 |  | 71,988 |  | 491 |  | 75
Income tax |  | — |  | — |  | — |  | —
NET INCOME (LOSS) |  | 44,990 |  | (99,941) |  | (62,712) |  | (9,613)
Schedule of Information of Condensed Statement of Cash Flows |
|  | Years ended December 31,
|  | 2018 |  | 2019 |  | 2020 |  | 2020
|  | RMB |  | RMB |  | RMB |  | US$
|  |  |  |  |  |  |  | Note 3(a)
Cash flows from operating activities |  | (86) |  | 57,044 |  | (14,319) |  | (2,193)
Cash flows from investing activities |  | (2,619) |  | — |  | (133) |  | (20)
Cash flows from financing activities |  | 7,476 |  | (61,485) |  | 14,026 |  | 2,150
Effects of exchange rate changes on cash and cash equivalents |  | — |  | — |  | — |  | —
Net change in cash and cash equivalents |  | 4,771 |  | (4,441) |  | (426) |  | (63)
Cash, cash equivalents and restricted cash at beginning of year |  | 323 |  | 5,094 |  | 653 |  | 98
Cash, cash equivalents and restricted cash at end of year |  | 5,094 |  | 653 |  | 227 |  | 35
Supplemental disclosure of cash flow information |  |  |  |  |  |  |  |
Supplemental disclosure of non-cash investing and financing activities |  |  |  |  |  |  |  |

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