v3.25.2
Property, Plant and Equipment, Net
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment, Net [Abstract]  
Property, plant and equipment, net

7. Property, plant and equipment, net

 

Property, plant and equipment, net consist of the following:

 

   As of
December 31,
2024		   As of
June 30,
2025		 
      (Unaudited) 
   RMB   RMB 
Cost:        
Machinery and electronic equipment   17,409,218    14,733,245 
Office furniture   370,667    370,966 
Leasehold improvement   2,794,450    2,794,450 
Transportation equipment   41,014    41,014 
Buildings and facilities attached to buildings   194,892,201    
192,785765
 
Less: Accumulated depreciation   (18,165,635)   (22,568,140)
Property, plant and equipment, net   197,341,915    188,159,300 

 

Depreciation expenses recognized for the six months ended June 30, 2024 and 2025 were RMB2,747,323 and RMB5,028,704, respectively.

 

As of December 31, 2024 and June 30, 2025, property, plant and equipment with net book value of RMB188,432,414 and RMB181,819,264 was pledged as collateral under a loan arrangement, respectively (also see Note 11).