v3.26.1
CONSOLIDATED BALANCE SHEETS
Dec. 31, 2025
USD ($)
Dec. 31, 2025
CNY (¥)
Dec. 31, 2024
CNY (¥)
CURRENT ASSETS      
Cash and cash equivalents $ 174,849,720 ¥ 1,228,983,711 ¥ 1,035,932,786
Short term investments 161,918,194 1,138,090,600 149,583,000
Accounts receivable, net 6,201,327 43,587,890 23,714,517
Prepaid services fees, net 6,934,785 48,743,215 53,078,298
Other receivables and prepaid expenses, net 243,853 1,713,996 2,259,168
Total current assets 350,147,879 2,461,119,412 1,264,567,769
NON-CURRENT ASSETS      
Property and equipment, net 18,092 127,162 445,370
Long-term investments, net 13,788 96,911 97,062
Prepaid expenses and deposits 16,536
Deferred tax assets 63,039 443,086 440,346
Operating lease right-of-use assets, net 105,052 738,392 1,567,104
Total non-current assets 199,971 1,405,551 2,566,418
Total assets 350,347,850 2,462,524,963 1,267,134,187
CURRENT LIABILITIES      
Accounts payable 3,878,882 27,263,888 18,595,244
Deferred revenues 1,013,133 7,121,109 3,409,718
Other payables and accrued liabilities 4,475,696 31,458,765 14,129,987
Banking borrowings 4,268,154 30,000,000 15,000,000
Operating lease liabilities-current 75,546 530,997 803,622
Taxes payable 1,830,704 12,867,650 5,892,194
Convertible notes payable (0) 149,090,866
Total current liabilities 15,542,115 109,242,409 206,921,631
NON-CURRENT LIABILITIES      
Operating lease liabilities-non-current 34,273 240,895 696,549
Total non-current liabilities 34,273 240,895 696,549
Total liabilities 15,576,388 109,483,304 207,618,180
SHAREHOLDERS’ EQUITY      
Additional paid-in capital 331,944,174 2,333,169,210 1,117,054,002
Accumulated deficit 11,400,970 80,135,137 (33,570,391)
Statutory reserves 1,188,623 8,354,597 8,152,694
Accumulated other comprehensive loss (14,207,228) (99,859,762) (49,708,261)
Total shareholders' equity 330,326,540 2,321,799,192 1,041,928,046
NONCONTROLLING INTERESTS 4,444,922 31,242,467 17,587,961
Total equity 334,771,462 2,353,041,659 1,059,516,007
Total liabilities and shareholders’ equity 350,347,850 2,462,524,963 1,267,134,187
Common Class A [Member]      
SHAREHOLDERS’ EQUITY      
Common Stock, Value [1] 1 8 1
Common Class B [Member]      
SHAREHOLDERS’ EQUITY      
Common Stock, Value [1] ¥ 2 ¥ 1
[1] Number of shares has been retrospectively adjusted for the share consolidation (10 to 1, 20 to 1, and 30 to 1) effective March 22, 2024, December 13, 2024 and July 16, 2025.