Schedules of financial position, financial performance, and cash flows of the VIEs |
| | | | | | | | | As of December 31, | | As of June 30, | | | 2024 | | 2025 | | 2025 | | | RMB | | RMB | | US$ | ASSETS: | | | | | | | Current assets: | | | | | | | Cash and cash equivalents | | 50,397 | | 22,371 | | 3,123 | Restricted cash | | 1,916 | | 2,189 | | 306 | Accounts receivable, net | | 280,309 | | 324,224 | | 45,260 | Prepayments and other current assets | | 102,237 | | 105,643 | | 14,747 | Total current assets | | 434,859 | | 454,427 | | 63,436 | Non-current assets: | | | | | | | Property and equipment, net | | 8,781 | | 9,122 | | 1,273 | Intangible assets, net | | 57,985 | | 48,738 | | 6,804 | Right-of-use assets, net | | 4,647 | | 2,306 | | 322 | Goodwill | | 65,481 | | 65,481 | | 9,141 | Deferred tax assets | | 31,064 | | 39,335 | | 5,491 | Other non-current assets | | 225,643 | | 193,227 | | 26,973 | Total non-current assets | | 393,601 | | 358,209 | | 50,004 | Total assets | | 828,460 | | 812,636 | | 113,440 | LIABILITIES: | | | | | | | Current liabilities: | | | | | | | Accounts payable | | 145,750 | | 185,753 | | 25,930 | Accrued expenses and other current liabilities | | 32,165 | | 39,127 | | 5,462 | Short-term debt | | 102,848 | | 108,336 | | 15,123 | Short-term lease liabilities | | 2,818 | | 1,674 | | 234 | Inter-group balance due to Parent and WFOE | | 43,306 | | 40,004 | | 5,584 | Amounts due to a related party | | 1,350 | | 270 | | 38 | Total current liabilities | | 328,237 | | 375,164 | | 52,371 | Non-current liabilities: | | | | | | | Deferred tax liabilities | | 599 | | 2 | | — | Long-term debt | | 4,706 | | 3,230 | | 451 | Long-term lease liabilities | | 1,635 | | 587 | | 82 | Other non-current liabilities | | 62,352 | | 52,435 | | 7,320 | Total non-current liabilities | | 69,292 | | 56,254 | | 7,853 | Total liabilities | | 397,529 | | 431,418 | | 60,224 |
| | | | | | | | | For the six months ended June 30, | | | 2024 | | 2025 | | 2025 | | | RMB | | RMB | | US$ | Revenue | | 1,561,087 | | 1,090,360 | | 152,208 | Net loss | | (37,556) | | (40,402) | | (5,640) |
| | | | | | | | | For the six months ended June 30, | | | 2024 | | 2025 | | 2025 | | | RMB | | RMB | | US$ | Net cash used in operating activities | | (30,556) | | (33,894) | | (4,731) | Net cash provided by investing activities | | 26,523 | | 6,281 | | 877 | Net cash used in financing activities | | (16,082) | | (95) | | (13) | Effect of exchange rate changes on cash, cash equivalents and restricted cash | | — | | (45) | | (6) | Net decrease in cash, cash equivalents and restricted cash | | (20,115) | | (27,753) | | (3,873) |
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