v3.26.1
Long-term investments
 12 Months Ended
Dec. 31, 2025
Long-term Investments  
Long-term investments

Note 7 — Long-term investments

 

Long-term investments consist of the following:

 

                       
    December 31,
2024		     December 31,
2025		     December 31,
2025		  
    RMB     RMB     USD  
5.0% Investment in a company in mobile games industry     600,000       600,000       85,363  
5.0% Investment in a company in central processing advertising algorithm services     600,000       600,000       85,363  
Subtotal     1,200,000       1,200,000       170,726  
Less: Impairment loss     1,102,938       1,103,089       156,938  
Total     97,062       96,911       13,788  

 

During the years ended December 31, 2024 and 2025, the Company’s long-term investments amounted to RMB 97,062 and RMB 96,911 (USD 13,788), respectively. The Company made impairment allowance of equity method investments with the amount of RMB 534,181 (USD 75,999) for the company in mobile games industry and RMB 568,907 (USD 80,939) for the company in central processing.