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Long-Term Borrowings
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Long-Term Borrowings [Abstract]    
Long-term borrowings

10. Long-term borrowings

 

For the six months ended June 30, 2024, the Group had repaid long-term borrowings of RMB100. The interest was payable on a monthly basis and the principal was due upon maturity, as follows:

 

Term loan  Maturity date  Principal amount   Interest rate per annum   Name of bank
Loan 1  2025-09-28   2,900    3.45%  Bank of China Limited Beijing Xuanwu Branch
Loan 2  2027-04-02   10,000    3.95%  China Construction Bank Corporation Beijing Chaoyang Branch
Total      12,900         

 

As of June 30, 2024, the loan 1 is guaranteed by a third party.

15. Long-term borrowings

 

As of December 31, 2023, the Group had RMB3.0 million of long-term borrowings. The interest was payable on a monthly basis and the principal was due upon maturity. The interest expenses were nil, RMB52 and RMB24 for the years ended December 31, 2021, 2022 and 2023 as follows:

 

Term loan  Maturity date  Principal amount   Interest rate per annum   Name of bank
Loan 1  2025-09-27   3,000    3.45%  Bank of China Limited Beijing Xuanwu Branch
Total      3,000         

 

As of December 31, 2023, the loan 1 is guaranteed by a third party.