INVENTORIES |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||
| INVENTORIES | |||||||||||||||||||||||||||||||||||||||||
| INVENTORIES | 4. INVENTORIES Inventories consisted of the following:
Write-downs of inventories from the carrying amount to their estimated net realizable value, were recognized in cost of revenues amounting to RMB21,681,652, RMB30,028,243 and RMB89,204,469 for the years ended December 31, 2023, 2024 and 2025, respectively. |
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