v3.26.1
Condensed Financial Information of the Parent Company (Tables)
 12 Months Ended
Dec. 31, 2025
Condensed Financial Information of the Parent Company [Abstract]  
Schedule of Condensed Balance Sheets

Condensed Balance Sheets

 

   As of December 31, 
   2024   2025 
   RMB   RMB   US$ 
ASSETS            
Current assets:            
Cash   153    15,627    2,235 
Total current assets   153    15,627    2,235 
                
Non-current assets:               
Investment in subsidiaries   283,952    216,526    30,957 
Other receivables   -    23,392    3,345 
Deferred IPO expenses   2,571    -    - 
Total non-current assets   286,523    239,918    34,302 
Total assets   286,676    255,545    36,537 
                
LIABILITIES AND SHAREHOLDERS’ EQUITY               
Accounts payable   -    130    19 
Accrued expenses and other liabilities   2,571    -    - 
Amount due to related parties   146    -    - 
Due to subsidiaries   -    5,567    796 
Total liabilities   2,717    5,697    815 
                
Commitments and contingencies   
 
    
 
    
 
 
Shareholders’ equity:               
Class A ordinary shares (US$0.000025 par value; 1,900,000,000 shares authorized; 5,666,376 and 7,391,376 shares issued and outstanding as of December 31, 2024 and 2025, respectively)*   1    1    
-
 
Class B ordinary shares (US$0.000025 par value; 100,000,000 shares authorized; 40,000,000 and 40,000,000shares issued and outstanding as of December 31, 2024 and 2025, respectively)*   7    7    1 
Additional paid-in capital   203,150    240,752    34,427 
Statutory reserve   32,647    32,647    4,668 
Retained earnings (deficit)   48,151    (21,633)   (3,099)
Accumulated other comprehensive income   3    (1,926)   (275)
Total shareholders’ equity   283,959    249,848    35,722 
Total liabilities and shareholders’ equity   286,676    255,545    36,537 

 

*As of December 31, 2025, share reclassification was retroactively restated with effective date of March 24, 2026.
Schedule of Condensed Statements of Comprehensive Income (loss)

Condensed Statements of Comprehensive Income (loss)

 

   For the years ended December 31, 
   2023   2024   2025 
   RMB   RMB   RMB   US$ 
Operating costs and expenses:                
Selling, general and administrative   -    (2)   (2,358)   (339)
Operating income                    
Share of income of subsidiaries   31,457    11,313    (67,426)   (9,643)
Net income   31,457    11,311    (69,784)   (9,982)
Other comprehensive income (loss)                    
Foreign currency translation adjustment   —    3    (1,929)   (275)
Total comprehensive income (loss)   31,457    11,314    (71,713)   (10,257)
Schedule of Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

 

   For the years ended December 31, 
   2023   2024   2025 
   RMB   RMB   RMB   US$ 
Cash flows from operating activities:                
Net income (loss)   31,457    11,311    (69,784)   (9,982)
Adjustments to reconcile net income (loss) to net cash used in operating activities:                    
Amount due to subsidiary   
-
    
-
    90    13 
Other receivables   
-
    
-
    (23,393)   (3,345)
Accounts payable   
-
    
-
    130    19 
Accrued expenses and other liabilities   
-
    2,571    
-
    
-
 
Amount due to related parties   
-
    146    (146)   (20)
Equity in of subsidiaries   (31,457)   (11,313)   67,426    9,643 
Net cash provided by (used in) operating activities   
-
    2,715    (25,677)   (3,672)
                     
Cash flows from financing activities:                    
Proceeds from shareholder   9    
-
    43,080    6,160 
Deferred IPO expenses   
-
    (2,571)   
-
    
-
 
Net cash used in (provided by) financing activities   9    (2,571)   43,080    6,160 
                     
Effect of exchange rate changes on cash   
-
    
-
    (1,929)   (275)
Net increase in cash   9    144    15,474    2,213 
Cash, beginning of year   
-
    9    153    22 
Cash, end of year   9    153    15,627    2,235