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OTHER NON-CURRENT ASSESTS (Tables)
12 Months Ended
Dec. 31, 2021
Other Assets, Noncurrent [Abstract]  
Schedule of other non-current assets
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