Note 5 — Accounts receivable, net
Accounts receivable, net consisted of the following:
| Schedule of accounts receivable, net |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
December 31,
2024 |
|
|
December 31,
2025 |
|
|
December 31,
2025 |
|
| |
|
RMB |
|
|
RMB |
|
|
USD |
|
| Accounts receivable |
|
|
23,714,517 |
|
|
|
43,587,890 |
|
|
|
6,201,327 |
|
| Less: allowance of credit losses |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Accounts receivable, net |
|
|
23,714,517 |
|
|
|
43,587,890 |
|
|
|
6,201,327 |
|
The following table summarizes the changes in credit losses:
| Schedule of changes in allowance for doubtful accounts |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
December 31,
2024 |
|
|
December 31,
2025 |
|
|
December 31,
2025 |
|
| |
|
RMB |
|
|
RMB |
|
|
USD |
|
| Beginning balance |
|
|
3,951,391 |
|
|
|
- |
|
|
|
- |
|
| Addition |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Recovery |
|
|
(3,951,391 |
) |
|
|
- |
|
|
|
- |
|
| Ending balance |
|
|
- |
|
|
|
- |
|
|
|
- |
|
Credit losses for the years ended December 31, 2024 and 2025 amounted to nil and nil, respectively.
|