| Accounts receivable, net |
3. | Accounts receivable, net |
Accounts receivable, net consist of the followings: | | | | | | | As of December 31, | | | 2024 | | 2025 | | | RMB | | RMB | Accounts receivable, gross | | 66,782,454 | | 92,400,198 | Less: allowance for credit loss | | (17,725,683) | | (14,816,208) | Accounts receivable, net | | 49,056,771 | | 77,583,990 |
The Group recorded a provision for current expected credit loss. The following table sets out movements of the expected credit loss provision for the years ended December 31, 2023, 2024 and 2025: | | | | | | | | | 2023 | | 2024 | | 2025 | | | RMB | | RMB | | RMB | Balance as of January 1 | | 8,875,133 | | 20,164,070 | | 17,725,683 | Addition (Reversal) | | 11,809,161 | | (1,944,636) | | (2,909,475) | Write offs | | (520,224) | | (493,751) | | — | Balance as of December 31 | | 20,164,070 | | 17,725,683 | | 14,816,208 |
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