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

Segment Information (Tables)

v3.23.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Summary of Selected Financial Information Relating to Group's Segments
 
For the year ended December 31, 2022:
  
Overseas art study

services
 
  
Other educational
services
 
  
Others
 
  
Consolidated
 
 
  
RMB
 
  
RMB
 
  
RMB
 
  
RMB
 
Net revenues
     181,833,076        24,657,609        330,189        206,820,874  
Operating cost and expenses:
                                   
Cost of revenues
     92,389,567        11,552,359        373,930        104,315,856  
Research and development
     5,903,055        —          887,736        6,790,791  
Selling and marketing
     69,398,473        5,736,053        131,200        75,265,726  
Unallocated corporate expenses*
    
 
 
      
 
 
      
 
 
       77,051,580  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total operating cost and expenses
  
 
167,691,095
 
  
 
17,288,412
 
  
 
1,392,866
 
  
 
263,423,953
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Other operating income, net
    
 
 
      
 
 
       16,515        16,515  
                      
 
 
    
 
 
 
Income (Loss) from operations
  
 
14,141,981
 
  
 
7,369,197
 
  
 
(1,046,162
)
 
  
 
(56,586,564
)
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Unallocated other income, net
                              2,070,949  
                             
 
 
 
Loss before income taxes
                           
 
(54,515,615
)
 
                               
 
 
 
         
For the year ended December 31, 2021:
  
Overseas art study

services
    
Other educational
services
    
Others
    
Consolidated
 
    
RMB
    
RMB
    
RMB
    
RMB
 
Net revenues
     181,035,267        21,174,198        —          202,209,465  
Operating cost and expenses:
                                   
Cost of revenues
     81,964,815        14,154,713        1,294,387        97,413,915  
Research and development
     4,176,398        3,148,402        4,476,745        11,801,545  
Selling and marketing
     60,436,932        5,598,532        113,996        66,149,460  
Unallocated corporate expenses*
     —          —          —          93,256,046  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total operating cost and expenses
  
 
146,578,145
 
  
 
22,901,647
 
  
 
5,885,128
 
  
 
268,620,966
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Other operating income, net
     —          —          22,018        22,018  
    
 
 
    
 
 
    
 
 
    
 
 
 
Income (Loss) from operations
  
 
34,457,122
 
  
 
(1,727,449
  
 
(5,863,110
  
 
(66,389,483
    
 
 
    
 
 
    
 
 
    
 
 
 
Unallocated other income, net
                              28,439,789  
                             
 
 
 
Loss before income taxes
                           
 
(37,949,694
                               
 
 
 
 
For the year ended December 31, 2020:
  
Overseas art study

services
 
  
Other educational
services
 
  
Others
 
 
Consolidated
 
 
  
RMB
 
  
RMB
 
  
RMB
 
 
RMB
 
Net revenues
     138,703,946        20,025,679        3,437,922       162,167,547  
Operating cost and expenses:
                                  
Cost of revenues
     83,972,820        9,954,371        4,593,836       98,521,027  
Research and development
     1,834,597        150,622        6,847,269       8,832,488  
Selling and marketing
     49,804,055        3,266,430        429,566       53,500,051  
Unallocated corporate expenses*
     —          —          —         100,097,849  
Impairment loss of intangible assets and other
non-current
assets
     —          —          3,120,425       3,120,425  
Provision for loan receivable and other receivables
     —          —          5,904,305       5,904,305  
Total operating cost and expenses
  
 
135,611,472
 
    
13,371,423
 
  
 
20,895,401
 
 
 
269,976,145
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Other operating income, net
     167,016        94,340        68,868       330,224  
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Income (Loss)
 
from operations
  
 
3,259,490
 
    
6,748,596
 
  
 
(17,388,611
 
 
(107,478,374
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Unallocated other loss, net
                             (3,375,210
                            
 
 
 
Loss before income taxes
                          
 
(110,853,584
                              
 
 
 
 
 
*
Unallocated corporate expenses represent the general and administrative expenses for the years ended December 31, 2020, 2021 and 2022.