| Operating leases |
The Company entered into various operating lease
agreements for offices space. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive
covenants.
The following component of lease cost are included
in the Company’s consolidated statements of operations and comprehensive income (loss):
| | |
For the
year ended
December 31, 2023 | | |
For the
year ended
December 31, 2024 | | |
For the
year ended
December 31, 2025 | |
| | |
RMB | | |
RMB | | |
RMB | |
| Operating lease cost | |
| 6,051,298 | | |
| 2,600,988 | | |
| 1,167,338 | |
| Short-term lease cost | |
| 198,306 | | |
| 429,324 | | |
| 72,725 | |
| Total lease cost | |
| 6,249,604 | | |
| 3,030,312 | | |
| 1,240,063 | |
Supplemental disclosure related to operating leases
were as follows:
| | |
For the
year ended
December 31, 2023 | | |
For the
year ended
December 31, 2024 | | |
For the
year ended
December 31, 2025 | |
| | |
RMB | | |
RMB | | |
RMB | |
| Cash paid for amounts included in the measurement of lease liabilities | |
| | |
| | |
| |
| Operating cash flows for operating leases | |
| 4,648,690 | | |
| 2,360,943 | | |
| 1,363,825 | |
| | | As of December 31, 2024 | | | As of December 31, 2025 | | | Weighted average remaining lease term of operating leases (years) | | | 3.26 | | | | 2.83 | | | Weighted average discount rate of operating leases | | | 6.24 | % | | | 6.24 | % |
The following table summarizes the maturity of
operating lease liabilities as of December 31, 2025:
| As of December 31, | |
2025 | |
| | |
RMB | |
| 2026 | |
| 1,274,602 | |
| 2027 | |
| 1,191,481 | |
| 2028 | |
| 602,087 | |
| Thereafter | |
| — | |
| Total lease payments | |
| 3,068,170 | |
| Less: imputed interest | |
| (245,746 | ) |
| Total lease liabilities | |
| 2,822,424 | |
| Less: current portion | |
| (1,125,674 | ) |
| Non-current lease liabilities | |
| 1,696,750 | |
|