| Schedule of Cryptocurrencies |
The following table presents the Company’s significant cryptocurrencies
holdings as of December 31, 2025:
| | |
Quantity | | |
Cost Basis | | |
Fair Value | |
| BNB | |
| 126,662 | | |
| 636,265,511 | | |
| 768,554,830 | |
| Others | |
| 0.00 | | |
| 716 | | |
| 590 | |
| Total cryptocurrencies held as of December 31, 2025 | |
| | | |
| 636,266,227 | | |
| 768,555,420 | |
|
| Schedule of Cryptocurrencies Holdings |
The following table presents a roll-forward of the Company’s
cryptocurrencies holdings during the year ended December 31, 2025:
| | |
In RMB | |
| Cryptocurrencies at December 31, 2024 | |
| 242,889,085 | |
| Cryptocurrencies purchased using fiat currency | |
| 351,431,373 | |
| Cryptocurrencies disposed for fiat currency | |
| (55,437,668 | ) |
| Cryptocurrencies received from issuance of ordinary shares | |
| 42,430,764 | |
| Cryptocurrencies paid for purchase of investment | |
| (35,714,536 | ) |
| Cryptocurrencies borrowed | |
| 704,007,431 | |
| Cryptocurrencies repaid | |
| (662,029,251 | ) |
| Cryptocurrencies received from airdrop | |
| 24,904,307 | |
| Cryptocurrencies received from investment products | |
| 8,954,982 | |
| Cryptocurrencies paid as collateral | |
| (8,575,337 | ) |
| Cryptocurrencies paid for expenses | |
| (8,644,823 | ) |
| Others | |
| 83,079 | |
| Changes in fair value of cryptocurrencies | |
| 178,565,656 | |
| Foreign currency translation adjustment | |
| (14,309,642 | ) |
| Cryptocurrencies at December 31, 2025 | |
| 768,555,420 | |
|