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

Leases (Tables)

v3.22.1
Leases (Tables)
12 Months Ended
Dec. 31, 2021
Lessee Disclosure [Abstract]  
Schedule on Impact of ASC 842 on Consolidated Balance Sheets

The impact of ASC 842 on the consolidated balance sheets as of December 31, 2019, 2020 and 2021 was as follows:

 

 

December 31,

 

December 31,

 

2020

 

2021

 

RMB

 

RMB

Operating leases:

 

 

 

Right-of-use assets

41,779,086

 

42,417,409

Lease liabilities-current

16,972,187

 

17,351,427

Lease liabilities-non-current

24,005,765

 

23,365,840

Summary of Other Information Related to Leases

Other information related to leases is presented below:

 

 

Year ended December 31,

 

2019

2020

2021

 

RMB

RMB

RMB

Supplemental cash flow information:

 

 

 

Cash paid for amounts included in measurement of operating leases liabilities

12,850,734

20,376,826

21,478,066

Lease liability arising from obtaining Right-of-use assets

8,696,875

33,360,187

16,132,735  

Right-of-use assets acquired in connection with Huanqiuyimeng Acquisition

32,089,416

 

 

 

 

Schedule on Maturities of Lease Liabilities under Non-Cancellable Leases

Maturities of lease liabilities under non-cancellable leases as of December 31, 2021 are as follows:

 

 

 

Operating leases

 

 

RMB

2022

 

17,906,850

2023

 

12,613,075

2024

 

7,999,320

2025

 

5,725,631

2026

 

776,818

Thereafter

 

Total undiscounted lease payments

 

45,021,694

Less: Imputed interest

 

(4,304,427)

Total lease liabilities

 

40,717,267

Amounts due within 12 months

 

17,351,427

Non-current lease liability

 

23,365,840