v3.26.1
BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
SCHEDULE OF SHORT-TERM BORROWINGS

Short-term bank loans consisted of the following:

 

   2024   2025 
   As of December 31, 
   2024   2025 
   RMB   RMB 
Bank of China (1)   30,000    30,000 
Industrial and Commercial Bank of China (2)   20,000    10,000 
Total   50,000    40,000 

 

  (1) On January 8, 2025, the Group entered into a loan agreement with Bank of China to borrow RMB30.0 million as working capital for one year. The loan was withdrawn on January 15, 2025 and as a maturity date in January 15, 2026. The loan has a fixed interest rate of 2.85% per annum. The loan was fully repaid upon maturity.
     
  (2) On March 25, 2025, the Group entered into a loan agreement with Industrial and Commercial Bank to borrow RMB10.0 million as working capital for one year, with a maturity date of March 26, 2026. These loans have a fixed interest rate of 2.75% per annum. The loan was fully repaid upon maturity.
SCHEDULE OF LONG-TERM BORROWINGS

 

   2024   2025 
   As of December 31, 
   2024   2025 
   RMB   RMB 
Agricultural Bank of China   105,245    76,727 
Total   105,245    76,727 
           
Less: long-term borrowing-current portion   (29,300)   (25,061)
           
Long-term borrowing   75,945    51,666 
SCHEDULE OF FUTURE MATURITIES OF LONG-TERM BORROWINGS

The future maturities of long-term borrowings as of December 31, 2025 were as follows:

 

12 months ending December 31,  RMB 
2026   25,061 
2027   24,959 
2028   24,959 
2029   1,180 
2030   568 
Total long-term borrowings   76,727