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Share-Based Compensation (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Share-Based Compensation (Tables) [Line Items]    
Schedule of fair value of option granted was estimated on the date of grant using the binominal option- pricing model
 

For the years ended December 31,

   

2019

 

2020

   

RMB

 

RMB

Risk-free interest rate

 

1.80%

 

0.66% – 0.71%

Volatility

 

37.34%

 

22.67% – 35.44%

Dividend yield

 

—   

 

   

Life of options (in years)

 

10   

 

10   

Fair value of underlying ordinary shares

 

41.51   

 

34.47   

 

For the years ended
December 31,

   

2019

 

2020

   

RMB

 

RMB

Risk-free interest rate

 

1.80%

 

0.66% – 0.71%

Volatility

 

37.34%

 

22.67% – 35.44%

Dividend yield

 

 

Life of options (in years)

 

10

 

10

Fair value of underlying ordinary shares

 

41.51

 

34.47

Schedule of options activities
 





Number of
options

 



Weighted
average
exercise price
USD

 



Weighted
average grant
date fair value
RMB

 

Weighted
average
remaining
contractual
term
(years)

 




Aggregate
intrinsic
value

Options outstanding at December 31, 2019

 

13,870,252

 

 

0.0001

 

41.51

 

9.72

 
 

Granted (before Replacement Date)

 

2,034,961

 

 

0.0001

 

34.47

     
 

Forfeited (before Replacement Date)

 

(1,271,704

)

 

0.0001

 

40.86

     
 

Conversion due to recapitalization

 

(7,633,818

)

 

0.0002

 

37.22

     
 

Forfeited (after Replacement Date)

 

(21,000

)

 

0.0002

 

41.51

     
 

Options outstanding at December 31, 2020

 

6,978,691

 

 

0.0002

 

40.59

 

8.85

 

287,773

Granted

 

 

 

 

 

 

Exercised

 

(499,607

)

 

0.0002

 

40.58

 

 

Forfeited

 

(52,500

)

 

0.0002

 

38.70

 

 

Options outstanding at June 30, 2021

 

6,426,584

 

 

0.0002

 

40.60

 

8.3491

 

92,158

Options vested and expected to vest as of June 30, 2021

 

6,426,584

 

 

0.0002

 

40.60

 

8.3491

 

92,158

Options exercisable as of June 30, 2021

 

2,172,643

 

 

0.0002

 

39.29

 

8.5241

 

31,156

 

Number of options

 

Weighted
average
exercise
price
USD

 

Weighted average
grant
date fair
value
RMB

 

Weighted
average
remaining
contractual
term
(years)

 

Aggregate intrinsic
value

Options outstanding at January 1, 2019

 

 

 

 

 

   

Granted

 

13,870,252

 

 

0.0001

 

41.51

 

9.72

   

Options outstanding at December 31, 2019

 

13,870,252

 

 

0.0001

 

41.51

 

9.72

   

Granted (before Replacement Date)

 

2,034,961

 

 

0.0001

 

34.47

       

Forfeited (before Replacement Date)

 

(1,271,704

)

 

0.0001

 

40.86

       

Conversion due to recapitalization

 

(7,633,818

)

 

0.0002

 

37.22

       

Forfeited (after Replacement Date)

 

(21,000

)

 

0.0002

 

41.51

       

Options outstanding at December 31, 2020

 

6,978,691

 

 

0.0002

 

40.59

 

8.85

 

287,773

Options vested and expected to vest as of December 31, 2020

 

6,978,691

 

 

0.0002

 

40.59

 

8.85

 

287,773

Options exercisable as of December 31, 2020

 

2,693,250

 

 

0.0002

 

39.49

 

8.99

 

111,059

Schedule of the fair values of the options granted
 

For the
six months
ended
June 30,
2021

   

RMB

Weighted average grant date fair value of option per share

 

53.57

Aggregate grant date fair value of options

 

371,020

 

For the years ended
December 31,

   

2019

 

2020

   

RMB

 

RMB

Weighted average grant date fair value of option per share

 

41.51

 

53.57

Aggregate grant date fair value of options

 

575,788

 

373,832

Schedule of share-based compensation expense
 

For the
six months
ended
June 30,
2021

Cost of revenue

 

21,360

Selling and marketing

 

11,935

General and administrative

 

42,933

Total share-based compensation expense

 

76,227

 

For the
year ended
December 31,
2020

Cost of revenue

 

7,375

Selling and marketing

 

11,740

General and administrative

 

145,508

Total share-based compensation expense

 

164,623

Schedule of share-based compensation expense of earn-out shares
 

For the
six months
ended
June 30,
2021

General and administrative

 

106,379

 

For the
year ended
December 31,
2020

General and administrative

 

37,710

Share Incentive [Member]    
Share-Based Compensation (Tables) [Line Items]    
Schedule of share-based compensation expense of share incentive
 

For the
six months
ended
June 30,
2021

General and administrative

 

1,210

 
Fair Value, Inputs, Level 3 [Member]    
Share-Based Compensation (Tables) [Line Items]    
Schedule of significant unobservable inputs that are classified as level 3 in the fair value hierarchy
 

For the
year ended
December 31,
2020

Risk-free interest rate

 

0.10% – 0.24%

Volatility

 

29.80% – 32.58%

Dividend yield

 

Life (in years)

 

0.45 – 2.45

Fair value of the underlying ordinary shares (USD)

 

8.17

 

For the
year ended
December 31,
2020

Risk-free interest rate

 

0.10% – 0.24%

Volatility

 

29.80% – 32.58%

Dividend yield

 

Life (in years)

 

0.45-2.45

Fair value of the underlying ordinary shares (USD)

 

8.17