Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Reported Segment Revenues

The following tables provide information about reported segment revenues, and measures of a segment’s profit or loss, together with relevant reconciliations and other required disclosures:

		Year Ended December 31, 2022
		Hotel business				Restaurant business				Consolidated
		RMB				RMB				RMB
Revenue from external customers			936,801,282				532,272,993				1,469,074,275
Intersegment revenue			—				1,514,259				1,514,259
			936,801,282				533,787,252				1,470,588,534
Reconciliation of revenue:
Elimination of intersegment revenues											(1,514,259	)
Total revenues											1,469,074,275

Less:
Total operating costs and expenses *			(1,399,392,154	)			(580,020,769	)			(1,979,412,923	)
Segment income (loss) from operations			(462,590,872	)			(46,233,517	)			(508,824,389	)

Reconciliation of income (loss) from operations:
Other operating income			19,448,889				4,544,259				23,993,148
Elimination of intersegment gross margin											(1,698,589	)
Income from operations											(486,529,830	)

Reconciliation of net (loss) income
Other segment income (expense)**			(15,918,607	)			(1,715,618	)			(17,634,225	)
Income tax benefit (expense)			45,592,418				(1,944,162	)			43,648,256
Share of loss in equity method investments, net of tax			(1,598,301	)			—				(1,598,301	)
Segment net (loss) income			(415,066,473	)			(45,349,038	)			(460,415,511	)
Elimination of intersegment income tax impact											424,647
Net Loss											(461,689,453	)

Other segment disclosures
Interest revenue			47,383,941				721,184				48,105,125
Interest expense			(25,375,848	)			(2,611,994	)			(27,987,842	)

		Year Ended December 31, 2023
		Hotel business				Restaurant business				Consolidated
		RMB				RMB				RMB
Revenue from external customers			1,191,906,073				435,351,616				1,627,257,689
Intersegment revenue			—				6,284,350				6,284,350
			1,191,906,073				441,635,966				1,633,542,039
Reconciliation of revenue:
Elimination of intersegment revenues											(6,284,350	)
Total revenues											1,627,257,689

Less:
Total operating costs and expenses*			(881,148,053	)			(448,102,058	)			(1,329,250,111	)
Segment income (loss) from operations			310,758,020				(6,466,092	)			304,291,928

Reconciliation of income (loss) from operations:
Other operating income			24,525,333				2,644,568				27,169,901
Elimination of intersegment gross margin											4,187,097
Income from operations											335,648,926

Reconciliation of net (loss) income
Other segment income (expense) **			44,832,395				(109,463	)			44,722,932
Income tax benefit (expense)			(113,125,742	)			(4,279,739	)			(117,405,481	)
Share of loss in equity method investments, net of tax			(1,392,002	)			—				(1,392,002	)
Segment net (loss) income			265,598,004				(8,210,726	)			257,387,278
Elimination of intersegment income tax impact											(1,046,774	)
Net income											260,527,601

Other segment disclosures
Interest revenue			41,240,610				130,552				41,371,162
Interest expense			(13,706,157	)			(347,684	)			(14,053,841	)

		Year Ended December 31, 2024
		Hotel business				Restaurant business				Consolidated				Consolidated
		RMB				RMB				RMB				USD
Revenue from external customers			1,066,502,811				276,937,385				1,343,440,196				184,050,552
Intersegment revenue			207,413				1,500,428				1,707,841				233,973
			1,066,710,224				278,437,813				1,345,148,037				184,284,525
Reconciliation of revenue:
Elimination of intersegment revenues											(1,707,841	)			(233,973	)
Total revenues											1,343,440,196				184,050,552

Less:
Total operating costs and expenses*			(851,935,422	)			(391,435,679	)			(1,243,371,101	)			(170,341,142	)
Segment income (loss) from operations			214,774,802				(112,997,866	)			101,776,936				13,943,384

Reconciliation of income (loss) from operations:
Other operating income			56,818,174				3,329,384				60,147,558				8,240,182
Elimination of intersegment gross margin											—				—
Income (loss) from operations											161,924,494				22,183,566

Reconciliation of net (loss) income
Other segment income (expense) **			39,741,684				71,217				39,812,901				5,454,346
Income tax benefit (expense)			(107,223,277	)			18,496,308				(88,726,969	)			(12,155,545	)
Share of loss in equity method investments, net of tax			(1,165,474	)			—				(1,165,474	)			(159,669	)
Segment net (loss) income			202,945,909				(91,100,957	)			111,844,952				15,322,698
Elimination of intersegment income tax impact											(4,530,600	)			(620,690	)
Net income											107,314,352				14,702,008

Other segment disclosures
Interest revenue			39,982,179				89,889				40,072,068				5,489,851
Interest expense			(6,310,152	)			—				(6,310,152	)			(864,487	)

Schedule of Revenues Disaggregated by Segment

The following table presents the Group’s revenues disaggregated by segment and by types of products or services.

		Year Ended December 31,
		2022				2023				2024				2024
		RMB				RMB				RMB				USD
Revenue:
Leased-and-operated hotels			338,506,220				490,924,060				437,521,898				59,940,254
Franchised-and-managed hotels			582,441,077				696,321,236				625,072,856				85,634,630
Wholesale and others			15,853,985				4,660,777				4,115,470				563,818
Hotel business subtotal			936,801,282				1,191,906,073				1,066,710,224				146,138,702
Revenue:
Leased-and-operated restaurants			362,806,697				296,890,282				159,118,741				21,799,178
Franchised-and-managed restaurants			6,022,291				8,923,712				10,287,456				1,409,376
Wholesale and others			164,958,264				135,821,972				109,031,616				14,937,270
Restaurant business subtotal			533,787,252				441,635,966				278,437,813				38,145,824
Inter-segment*			(1,514,259	)			(6,284,350	)			(1,707,841	)			(233,974	)
Total revenue			1,469,074,275				1,627,257,689				1,343,440,196				184,050,552

*	The inter segment eliminations mainly consist of labor services related to restaurant staff and prepared meals and frozen foods provided by restaurant business segment to hotel business segment.