The
following table presents short-term and long-term borrowings as of December 31, 2024 and June 30, 2025.
SCHEDULE OF SHORT-TERM AND LONG-TERM BORROWINGS FROM COMMERCIAL BANKS OR OTHER INSTITUTIONS
| Funding
Partners | |
Terms | | |
Rate | | |
December
31, 2024 | | |
June
30, 2025 | |
| | |
| | | |
| | | |
| RMB | | |
| RMB | |
| Short-term
borrowing from related party (Note 12) | |
| within
12 months | | |
| 6% | | |
| 1,000 | | |
| - | |
| Short-term
borrowings from third parties | |
| within
12 months | | |
| 3%-10% | | |
| 174,616 | | |
| 221,582 | |
| Short-term,
borrowing amount | |
| | | |
| | | |
| 175,616 | | |
| 221,582 | |
| | |
| | | |
| | | |
| | | |
| | |
| Long-term
borrowing from third party | |
| 24
months, due in November 2026 | | |
| 8% | | |
| - | | |
| 14,317 | |
| Long-term
borrowing from related party | |
| 18
months, due in March 2026 | | |
| 5.35%
per annum within 12 months after the drawdown date, and 8% per annum after 12 months until
the loan is repaid in full | | |
| 53,913 | | |
| - | |
|