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General risk reserve	12 Months Ended
Dec. 31, 2020
25. General risk reserve	In accordance with the relevant laws and regulations of the PRC, the Group’s variable interest entity is required to maintain a general risk reserve within the equity, through appropriation of profit, which should not be less than 1.5% of the year end balance of its risk assets over the course of five years. As of December 31, 2019 and 2020, total statutory reserves were RMB9.2 million and RMB9.2 million, respectively.

General risk reserve

12 Months Ended

Dec. 31, 2020

In accordance with the relevant laws and regulations of the PRC, the Group’s variable interest entity is required to maintain a general risk reserve within the equity, through appropriation of profit, which should not be less than 1.5% of the year end balance of its risk assets over the course of five years. As of December 31, 2019 and 2020, total statutory reserves were RMB9.2 million and RMB9.2 million, respectively.