| Prepayments and other current assets, net |
| 7. |
Prepayments and other
current assets, net |
Prepayments and other current assets,
net consisted of the following:
| | |
As of December 31, | |
| | |
2024 | | |
2025 | |
| Prepayments of services (1) | |
| 1,042,259 | | |
| 6,482,998 | |
| Deductible input value-added tax | |
| 3,316,438 | | |
| 2,522,654 | |
| Security deposits for leases
(2) | |
| - | | |
| 1,100,000 | |
| Rent receivable | |
| 333,333 | | |
| 986,132 | |
| Receivables of over-paid income tax | |
| 892,119 | | |
| 890,222 | |
| Others | |
| 262,581 | | |
| 321,873 | |
| Total | |
| 5,846,730 | | |
| 12,303,879 | |
| (1) | Prepayments of services primarily consist of financial consulting service fees related to the vocational education merger and acquisition project of RMB6.0 million. The services cover target screening, due diligence coordination, transaction document drafting, negotiation support, and post-investment management. |
| (2) | On July 31, 2024, the Group entered into a six-year lease agreement with Hebei Petroleum Technical College for educational use. Following the early termination of the agreement in 2025, the security deposits will be returned after the Group completes campus relocation and vacates the property by January 15, 2026. The Group has fully recovered the security deposits on 25 March 2026. |
|