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INTANGIBLE ASSETS, NET
12 Months Ended
Dec. 31, 2023
INTANGIBLE ASSETS, NET  
INTANGIBLE ASSETS, NET

9.

INTANGIBLE ASSETS, NET

As at December 31

    

2022

    

2023

    

2023

RMB

RMB

US$

Customer relationships

 

620,500

 

621,159

 

87,488

Patents and technologies

 

60,900

 

60,900

 

8,578

Trademarks and domain names

 

497,939

 

497,968

 

70,137

Software and copyrights

 

88,502

 

82,168

 

11,573

Others

 

3,707

 

4,134

 

582

 

1,271,548

 

1,266,329

 

178,358

Less: accumulated amortization

 

 

 

Customer relationships

 

(130,701)

 

(228,561)

 

(32,192)

Patents and technologies

 

(17,763)

 

(27,913)

 

(3,931)

Trademarks and domain names

 

(70,494)

 

(120,281)

 

(16,941)

Software and copyrights

 

(41,286)

 

(51,459)

 

(7,248)

Others

 

(3,284)

 

(3,637)

 

(512)

 

(263,528)

 

(431,851)

 

(60,824)

Intangible assets, net

 

1,008,020

 

834,478

 

117,534

Amortization expense of intangible assets for the years ended December 31, 2021, 2022 and 2023 was RMB72,299, RMB173,915 and RMB180,459 (US$25,417), respectively. As of December 31, 2023, estimated amortization expense of the existing intangible assets for each of the next five years and thereafter is as follows:

    

RMB

    

US$

2024

 

171,738

24,189

2025

 

167,084

23,533

2026

 

163,407

23,015

2027

 

150,206

21,156

2028 and thereafter

 

182,043

25,641

Total

 

834,478

117,534