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

Business Acquisition - Summary of Identifiable Assets Acquired and Liabilities Assumed in Connection with Acquisition (Details)

v3.21.1
Business Acquisition - Summary of Identifiable Assets Acquired and Liabilities Assumed in Connection with Acquisition (Details)
Aug. 06, 2019
CNY (¥)
Dec. 31, 2020
CNY (¥)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
CNY (¥)
Recognized amounts of identifiable assets acquired and liabilities assumed:        
Goodwill   ¥ 194,754,963 $ 29,847,504 ¥ 200,478,795
Huanqiuyimeng        
Purchase consideration:        
Cash ¥ 91,126,055      
Fair value of 9,360,000 ordinary shares 76,868,663      
Purchase consideration 167,994,718      
Recognized amounts of identifiable assets acquired and liabilities assumed:        
Cash 36,785,802      
Prepaid expenses and other current assets 26,333,563      
Long-term investments 157,850      
Property and equipment, net 8,505,683      
Other non-current assets 881,926      
Right-of-use assets 32,089,416      
Deferred revenues (163,400,000)      
Short-term loan (13,991,000)      
Lease liabilities-current (18,728,346)      
Deferred income tax liabilities (45,659,880)      
Accrued expense and other payables (14,326,672)      
Lease liabilities-non-current (13,361,070)      
Total identifiable assets acquired and liabilities assumed (25,712,728)      
Fair value of non-redeemable non-controlling interests in Huanqiuyimeng (6,771,349)      
Goodwill 200,478,795      
Huanqiuyimeng | Trademark        
Recognized amounts of identifiable assets acquired and liabilities assumed:        
Intangible assets 79,000,000      
Huanqiuyimeng | Order backlogs        
Recognized amounts of identifiable assets acquired and liabilities assumed:        
Intangible assets 4,000,000      
Huanqiuyimeng | Non-compete arrangements        
Recognized amounts of identifiable assets acquired and liabilities assumed:        
Intangible assets ¥ 56,000,000