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OTHER NON-CURRENT ASSESTS | 12 Months Ended
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Dec. 31, 2021
Other Assets, Noncurrent [Abstract] |
OTHER NON-CURRENT ASSESTS | 10. OTHER NON-CURRENT ASSESTS Other non-current assets consist of the following:
|  | As of December 31, |
|  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |
Long-term loan receivable (1) |  |  | 53,612 |  |  |  | 55,802 |
Prepayment of office buildings (2) |  |  | 78,000 |  |  |  | 159,125 |
Others |  |  | 18,695 |  |  |  | 13,235 |
Less: allowance for doubtful accounts |  |  | (1,514 | ) |  |  | (488 | )
Total other non-current assets |  |  | 148,793 |  |  |  | 227,674 |
(1) | Long-term loan receivable represents the principal and interest to be collected of a loan provided by the Group to a third party. The loan was of principal amount of RMB 50,000, four-year term starting from December 2019, and with a lump sum interest rate of 20% at maturity.
(2) | In 2020, the Group purchased an office building from a third party and paid the full amount in advance with consideration of USD$ 11.25 million (equivalent RMB 78,000). This office building is expected to be used by the Group to relocate its customer service center in the future.
In 2021, the Group entered into a purchase agreement with a third-party company to purchase an office building and has paid 50% of the total amount in advance with consideration of RMB 81,125 as of December 31, 2021. The construction of the office building is expected to be completed by the end of 2022 according to the agreement

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