Summary of Selected Financial Information Relating to Group’s Segments |
The following table presents selected financial information relating to the Group’s segments:
For the year ended December 31, 2019:
|
|
Overseas art study
services
|
|
Others
|
|
Consolidated
|
|
|
RMB
|
|
RMB
|
|
RMB
|
Net revenues
|
|
82,376,727
|
|
15,393,440
|
|
97,770,167
|
Operating cost and expenses:
|
|
|
|
|
|
|
Cost of revenues
|
|
50,365,985
|
|
11,548,517
|
|
61,914,502
|
Research and development
|
|
—
|
|
11,817,255
|
|
11,817,255
|
Selling and marketing
|
|
27,859,200
|
|
6,253,012
|
|
34,112,212
|
Unallocated corporate expenses*
|
|
—
|
|
—
|
|
81,923,516
|
Impairment loss of intangible assets and other non-current assets
|
|
—
|
|
8,932,439
|
|
8,932,439
|
Provision for loan receivable and other receivables
|
|
—
|
|
17,430,825
|
|
17,430,825
|
Total operating cost and expenses
|
|
78,225,185
|
|
55,982,048
|
|
216,130,749
|
Other operating income, net
|
|
—
|
|
588,147
|
|
588,147
|
Income (loss) from continuing operations
|
|
4,151,542
|
|
(40,000,461)
|
|
(117,772,435)
|
For the year ended December 31, 2018:
|
|
Others
|
|
Consolidated
|
|
|
RMB
|
|
RMB
|
Net revenues
|
|
1,338,592
|
|
1,338,592
|
Operating cost and expenses:
|
|
|
|
|
Cost of revenues
|
|
4,251,451
|
|
4,251,451
|
Research and development
|
|
19,594,484
|
|
19,594,484
|
Selling and marketing
|
|
5,570,169
|
|
5,570,169
|
General and administrative
|
|
43,507,856
|
|
43,507,856
|
Total operating cost and expenses
|
|
72,923,960
|
|
72,923,960
|
Other operating income, net
|
|
3,793,418
|
|
3,793,418
|
Loss from continuing operations
|
|
(67,791,950)
|
|
(67,791,950)
|
For nine months ended December 31, 2017:
|
|
Others
|
|
Consolidated
|
|
|
RMB
|
|
RMB
|
Net revenues
|
|
5,185,822
|
|
5,185,822
|
Operating cost and expenses:
|
|
|
|
|
Cost of revenues
|
|
3,785,865
|
|
3,785,865
|
Research and development
|
|
15,415,780
|
|
15,415,780
|
Selling and marketing
|
|
4,539,473
|
|
4,539,473
|
General and administrative
|
|
40,132,709
|
|
40,132,709
|
Total operating cost and expenses
|
|
63,873,827
|
|
63,873,827
|
Other operating income, net
|
|
—
|
|
—
|
Loss from continuing operations
|
|
(58,688,005)
|
|
(58,688,005)
|
|