Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Accrued Expenses And Other Payables (Tables)

v3.21.1
Accrued Expenses And Other Payables (Tables)
12 Months Ended
Dec. 31, 2020
Payables And Accruals [Abstract]  
Schedule of Accrued Expenses and Other Payables

Accrued expenses and other payables consist of the following:

 

 

 

December 31,

2019

 

 

December 31,

2020

 

 

RMB

 

 

RMB

Refund liability*

 

 

8,919,239

 

 

13,411,410  

Accrued payroll and welfare

 

 

22,821,689

 

 

18,987,415  

Accrued test monitoring fees

 

 

2,432,153

 

 

2,432,153

Accrued professional services expenses

 

 

3,489,512

 

 

2,291,866

Income taxes payable

 

 

679,961

 

 

108,488  

Other current liabilities

 

 

9,404,500

 

 

9,788,850    

Total accrued expenses and other payables

 

 

47,747,054

 

 

47,020,182

*Refund liability represents the estimated amount of refund if a student decides to withdraw from the Group’s programs or services and is estimated based on historical experience.