v3.26.1
SCHEDULE OF BALANCE SHEET (Details)
¥ in Thousands, $ in Thousands
Sep. 30, 2025
USD ($)
Sep. 30, 2025
CNY (¥)
Mar. 31, 2025
CNY (¥)
Sep. 30, 2024
CNY (¥)
Current assets        
Cash and cash equivalents $ 41,198 ¥ 293,290 ¥ 109,213 ¥ 105,345
Accounts receivable, net 7,188 51,171  
Prepaid expenses and other current assets, net 6,925 49,302 45,535  
Inventories 659 4,694 6,351  
Total current assets 56,048 399,000 161,665  
Non-current assets        
Property and equipment, net 5,153 36,683 39,599  
Operating lease right-of-use assets, net 165 1,172 1,714  
Finance lease right-of-use assets, net 315 2,246 2,246  
Intangible assets, net 27 189 205  
Deferred loss on sale-leaseback 74 526 605  
Total non-current assets 5,734 40,816 44,369  
Total assets 61,782 439,828 206,034  
Current liabilities        
Accounts payable 25,754 183,345 138,504  
Short-term borrowings 8,761 62,367 57,600  
Notes payable 1,124 8,000  
Current portion of government grants 255 1,812 1,812  
Lease liability 359 2,554 4,085  
Other payables and accrued liabilities 12,669 90,190 89,350  
Current liabilities related to discontinued operations 247 1,752 1,601  
Total current liabilities 55,000 391,800 333,739  
Non-current liabilities        
Long-term borrowings 801 5,700 6,000  
Government grants 228 1,623 2,530  
Lease liability - non-current 142 1,014 1,619  
Total non-current liabilities 1,171 8,337 10,149  
Total liabilities 56,204 400,101 343,888  
Related Party [Member]        
Current assets        
Due from related parties 78 555 566  
Current liabilities        
Due to related parties $ 5,864 41,744 40,787  
Variable Interest Entity, Primary Beneficiary [Member]        
Current assets        
Cash and cash equivalents   8,394 517  
Accounts receivable, net   51,171  
Prepaid expenses and other current assets, net   15,911 11,640  
Inventories   4,694 6,351  
Total current assets   80,725 19,074  
Non-current assets        
Property and equipment, net   36,684 39,599  
Operating lease right-of-use assets, net   1,172 1,714  
Finance lease right-of-use assets, net   2,246 2,246  
Intangible assets, net   189 205  
Deferred loss on sale-leaseback   526 605  
Total non-current assets   40,817 44,369  
Total assets   121,542 63,443  
Current liabilities        
Accounts payable   184,720 138,504  
Short-term borrowings   62,367 57,600  
Notes payable   8,000  
Current portion of government grants   1,812 1,812  
Lease liability   2,554 4,085  
Other payables and accrued liabilities   55,955 64,604  
Current liabilities related to discontinued operations   1,601  
Total current liabilities   332,570 285,155  
Non-current liabilities        
Long-term borrowings   5,700 6,000  
Government grants   1,623 2,530  
Lease liability - non-current   1,014 1,619  
Total non-current liabilities   8,337 10,149  
Total liabilities   340,907 295,304  
Variable Interest Entity, Primary Beneficiary [Member] | Related Party [Member]        
Current assets        
Due from related parties   555 566  
Current liabilities        
Due to related parties   ¥ 17,162 ¥ 16,949