v3.26.1
Taxation (Tables)
 12 Months Ended
Dec. 31, 2025
Taxation [Abstract]  
Schedule of Income Tax Expenses

Income tax expenses comprised of:

 

   For the years ended December 31, 
   2023   2024   2025 
   RMB   RMB   RMB   US$ 
Current   5,712    -    -    - 
Deferred   541    924    11,095    1,587 
    6,253    924    11,095    1,587 
Schedule of Reconciliation of Tax Computed by Applying the Statutory Income Tax

The reconciliation of tax computed by applying the statutory income tax rate of 25% for the years ended December 31, 2023, 2024 and 2025 applicable to the PRC operations to income tax expense were as follows:

 

   For the years ended December 31, 
   2023   2024   2025 
Statutory income tax rate   25.0%   25.0%   25.0%
Effect of income tax exemptions and reliefs   (8.7)%   (10.1)%   (10.5)%
Effect of non-deductible expense   3.6%   2.6%   (0.8)%
Additional deduction for development and research expense   (5.6)%   (11.1)%   3.2%
Valuation allowance on deferred tax assets   -    -    (32.3)
Income tax expense   14.3%   6.4%   (15.4)%
Schedule of Deferred Tax Assets

The component of deferred tax assets are as follows:

 

   As of December 31, 
   2024   2025 
   RMB   RMB   US$ 
Deferred tax assets            
Impairment of long-lived assets   7,611    8,658    1,238 
Allowance for credit losses   2,558    2,743    392 
Net operation loss   728    11,284    1,614 
Others   226    499    71 
Total deferred tax assets   11,123    23,184    3,315 
Valuation allowance on deferred tax assets   -    (23,184)   (3,315)
Net off against deferred tax liabilities   (132)   -    - 
Total net deferred tax assets   10,991    -    - 

The component of deferred tax assets liabilities:

 

   As of December 31, 
   2024   2025 
   RMB   RMB   US$ 
Deferred tax liabilities            
Fair value change gain   132    104    15 
Total deferred tax liabilities   132    104    15 
Net off against deferred tax assets   (132)   -    - 
Net deferred tax liabilities   -    104    15