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

Accrued Expenses And Other Payables (Tables)

v3.22.1
Accrued Expenses And Other Payables (Tables)
12 Months Ended
Dec. 31, 2021
Payables And Accruals [Abstract]  
Schedule of Accrued Expenses and Other Payables

Accrued expenses and other payables consist of the following:

 

 

 

December 31,

2020

 

 

December 31,

2021

 

 

RMB

 

 

RMB

Refund liability*

 

 

13,411,410

 

 

16,126,030

Accrued payroll and welfare

 

 

18,987,415

 

 

19,664,360

Accrued test monitoring fees

 

 

2,432,153

 

 

2,432,153

Accrued professional services expenses

 

 

2,291,866

 

 

2,658,861

Income taxes payable

 

 

108,488

 

 

22,781

Other current liabilities

 

 

9,788,850

 

 

7,269,910

Total accrued expenses and other payables

 

 

47,020,182

 

 

48,174,095

*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.