Taxation (Tables)

12 Months Ended

Dec. 31, 2023

Taxation [Abstract]

Schedule of Income Tax Expense

The components of income before income taxes are as follows (in thousands):

	For the years ended December 31,
	2021			2022			2023
	RMB			RMB			RMB
Loss before income tax expense
Loss from Chinese mainland operations		(132,584	)		(74,843	)		(149,818	)
Loss from non-Chinese mainland operations		(14,399	)		(16,700	)		(10,135	)
Total Loss before income tax expense from continuing operations		(146,983	)		(91,543	)		(159,953	)
Income tax benefit applicable to Chinese mainland operations
Deferred tax		525			525			525
Subtotal income tax benefit applicable to Chinese mainland operations		525			525			525
Non-Chinese mainland withholding tax expense		(3	)		(4	)		(162	)
Total income tax benefit from continuing operations		522			521			363

Schedule of Reconciliation Between the Income Tax Credit

Reconciliation between the income tax credit computed by applying the Enterprise Income Tax (“EIT”) rate to loss before income taxes and actual provision were as follows:

	For the years ended December 31,
	2021			2022			2023
	RMB			RMB			RMB
Loss before income tax		(146,983	)		(91,543	)		(159,953	)
Tax benefit at EIT tax rate of 25%		(36,746	)		(22,886	)		(39,989	)
Effect of different tax rates applicable to different subsidiaries of the Group		(3,651	)		241			18,589
Effect of changes in tax rates		-			-			8,158
Expired operating loss		-			-			14,966
Permanent differences		(931	)		(2,822	)		13,722
Changes in deferred tax assets valuation allowance		40,806			24,946			(15,809	)
Income tax credit		(522	)		(521	)		(363	)

Schedule of Operating Tax Loss Carry Forwards

As of December 31, 2023, certain entities of the Group had net operating tax loss carry forwards as follows:

	For the year ended December 31,
	2023
		RMB
Loss expiring in 2024		125,177
Loss expiring in 2025		4,538
Loss expiring in 2026		137,657
Loss expiring in 2027		61,233
Loss expiring in 2028		2,473
Loss expiring in 2029		356
Loss expiring in 2030		85,329
Loss expiring in 2031		51,726
Loss expiring in 2032		29,854
Loss expiring in 2033		112,537
		610,880

Schedule of Deferred Tax Assets and Liabilities

The following table presents the tax impact of significant temporary differences that give rise to the deferred tax assets and liabilities as of December 31, 2022 and 2023:

	December 31, 2022			December 31, 2023
	RMB			RMB
Deferred tax assets：
Net accumulated losses carry forwards		140,950			124,740
Accrued payroll and other expenses		7,570			9,480
Advertising expenses in excess of deduction limit		9,841			6,500
Fair value changes of amounts due to related party		3,108			4,237
Accrued expenses		400			427
Deferred revenue		358			358
Others		1,006			1,682
Deferred tax assets		163,233			147,424
Less: valuation allowance		(163,233	)		(147,424	)
Deferred tax assets, net		-			-
Deferred tax liabilities：
Identifiable intangible assets arising from acquisition of Cheche Insurance (Note 7)		(2,538	)		(2,013	)
Deferred tax liabilities		(2,538	)		(2,013	)

Schedule of Valuation Allowances the Related Deferred Tax Assets

The following table sets forth the movement of valuation allowance for the years presented:

	December 31, 2021			December 31, 2022			December 31, 2023
	RMB			RMB			RMB
Balance at the beginning of the year		(97,481	)		(138,287	)		(163,233	)
(Additions)/Reversals		(40,806	)		(24,946	)		15,809
Balance at end of the year		(138,287	)		(163,233	)		(147,424	)