| SCHEDULE OF CONDENSED BALANCE SHEETS |
SCHEDULE
OF CONDENSED BALANCE SHEETS
| | |
2023 | | |
2024 | |
| | |
December 31, | |
| | |
2023 | | |
2024 | |
| | |
RMB | | |
RMB | |
| Assets | |
| | | |
| | |
| Current assets | |
| | | |
| | |
| Cash | |
| 20,475 | | |
| 79,741 | |
| Term deposits | |
| 85,522 | | |
| 143,768 | |
| Short-term investments | |
| 39,197 | | |
| 39,536 | |
| Other current assets | |
| 13 | | |
| 81 | |
| Total current assets | |
| 145,207 | | |
| 263,126 | |
| Non-current asset: | |
| | | |
| | |
| Investments in and amounts due from subsidiaries and consolidated VIE and VIE’s subsidiaries | |
| 1,108,131 | | |
| 993,075 | |
| Total non-current asset | |
| 1,108,131 | | |
| 993,075 | |
| Total assets | |
| 1,253,338 | | |
| 1,256,201 | |
| Liabilities | |
| | | |
| | |
| Current liabilities | |
| | | |
| | |
| Accrued expenses and other current liabilities | |
| 52,372 | | |
| 181,624 | |
| Total current liabilities | |
| 52,372 | | |
| 181,624 | |
| Total liabilities | |
| 52,372 | | |
| 181,624 | |
| Shareholders’ equity: | |
| | | |
| | |
| Class A Ordinary Shares | |
| 195 | | |
| 195 | |
| Class B Ordinary Shares | |
| 17 | | |
| 17 | |
| Additional paid-in capital | |
| 11,210,542 | | |
| 11,225,945 | |
| Treasury stock | |
| (120,899 | ) | |
| (120,899 | ) |
| Accumulated other comprehensive loss | |
| (57,327 | ) | |
| (56,362 | ) |
| Accumulated deficit | |
| (9,831,562 | ) | |
| (9,974,319 | ) |
| Total shareholders’ equity | |
| 1,200,966 | | |
| 1,074,577 | |
| Total liabilities and shareholders’ equity | |
| 1,253,338 | | |
| 1,256,201 | |
|
| SCHEDULE OF CONDENSED STATEMENTS OF COMPREHENSIVE LOSS |
SCHEDULE
OF CONDENSED STATEMENTS OF COMPREHENSIVE LOSS
| | |
2022 | | |
2023 | | |
2024 | |
| | |
Year ended
December 31, | |
| | |
2022 | | |
2023 | | |
2024 | |
| | |
RMB | | |
RMB | | |
RMB | |
| Total operating expenses | |
| (238,074 | ) | |
| (89,953 | ) | |
| (32,074 | ) |
| Share of losses from subsidiaries and consolidated VIE and VIE’s subsidiaries | |
| (736,824 | ) | |
| (319,769 | ) | |
| (110,683 | ) |
| Income tax expense | |
| - | | |
| - | | |
| - | |
| Net loss | |
| (974,898 | ) | |
| (409,722 | ) | |
| (142,757 | ) |
| | |
| | | |
| | | |
| | |
| Net loss attributable to ordinary shareholders | |
| (974,898 | ) | |
| (409,722 | ) | |
| (142,757 | ) |
|
| SCHEDULE OF CONDENSED STATEMENTS OF CASH FLOWS |
SCHEDULE
OF CONDENSED STATEMENTS OF CASH FLOWS
| | |
2022 | | |
2023 | | |
2024 | |
| | |
Year ended
December 31, | |
| | |
2022 | | |
2023 | | |
2024 | |
| | |
RMB | | |
RMB | | |
RMB | |
| Net cash provided by/(used in) operating activities | |
| (290,137 | ) | |
| (133,979 | ) | |
| 115,285 | |
| Net cash used in investing activities | |
| (335,194 | ) | |
| (569,407 | ) | |
| (486 | ) |
| Net cash used in financing activities | |
| (47,474 | ) | |
| - | | |
| - | |
| Effect of foreign currency exchange rate changes on cash | |
| 73,275 | | |
| 31,168 | | |
| 2,713 | |
| Net increase/(decrease) in cash | |
| (599,530 | ) | |
| (672,218 | ) | |
| 117,512 | |
| Cash at the beginning of the year | |
| 1,377,745 | | |
| 778,215 | | |
| 105,997 | |
| Cash at the end of the year | |
| 778,215 | | |
| 105,997 | | |
| 223,509 | |
|