GOODWILL AND INTANGIBLE ASSETS, NET - Summary of Company's intangible assets (Details) - CNY (¥) |
12 Months Ended | |
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Dec. 31, 2023 |
Dec. 31, 2022 |
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Intangible assets | ||
Gross carrying amount | ¥ 135,000,000 | ¥ 135,240,000 |
Accumulated amortization/deduction | (76,113,889) | (59,120,556) |
Net carrying amount | 58,886,111 | 76,119,444 |
Trademark | ||
Intangible assets | ||
Gross carrying amount | 79,000,000 | 79,000,000 |
Accumulated amortization/deduction | (34,891,667) | (26,991,667) |
Net carrying amount | ¥ 44,108,333 | ¥ 52,008,333 |
Weighted average amortization period | 10 years | 10 years |
Non-compete arrangements | ||
Intangible assets | ||
Gross carrying amount | ¥ 56,000,000 | ¥ 56,000,000 |
Accumulated amortization/deduction | (41,222,222) | (31,888,889) |
Net carrying amount | ¥ 14,777,778 | ¥ 24,111,111 |
Weighted average amortization period | 6 years | 6 years |
Copyright obtained | ||
Intangible assets | ||
Gross carrying amount | ¥ 240,000 | |
Accumulated amortization/deduction | ¥ (240,000) | |
Weighted average amortization period | 1 year |
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- Definition Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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