v3.26.1
Consolidated Balance Sheets
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 12,782,851 $ 1,827,923 ¥ 220,724,238
Prepayments and other current assets, net 12,303,879 1,759,431 5,846,730
Accounts receivable 164,207 23,481 156,770
Total current assets 34,182,937 4,888,094 236,269,738
Non-current assets:      
Property and equipment, net 142,771,400 20,416,039 147,250,054
Land use rights, net 32,980,543 4,716,155 33,927,238
Intangible assets, net 130,896 18,718 163,687
Right-of-use assets 54,080,188 7,733,364 51,906,613
Other non-current asset 7,800,000 1,115,385 1,100,000
Investment in equity securities 44,974,376 6,431,250
Total non-current assets 282,737,403 40,430,911 234,347,592
Total assets 316,920,340 45,319,005 470,617,330
Current liabilities:      
Short-term borrowings 84,000,000 12,011,840 84,000,000
Accounts payable 4,020,942 574,987 388,494
Contract liabilities 7,796,228 1,114,846 5,595,491
Salary and welfare payable 1,829,701 261,644 1,861,780
Taxes payable 3,266,167 467,056 2,146,819
Income tax payable 179,316 25,642 213,495
Accrued liabilities and other current liabilities 11,081,009 1,584,562 7,489,769
Operating lease liabilities, current 10,479,626 1,498,567 9,208,569
Total current liabilities 124,274,292 17,770,987 112,721,902
Non-current liabilities:      
Amounts due to Affected Entity, non-current 173,046,163
Operating lease liabilities, non-current 38,439,295 5,496,746 38,352,135
Other non-current liabilities 1,000,000 142,998 1,000,000
Total non-current liabilities 39,439,295 5,639,744 212,398,298
Total liabilities 163,713,587 23,410,731 325,120,200
Commitments and contingencies
Shareholders’ equity:      
Additional paid-in capital 476,500,785 68,138,706 343,098,862
Statutory reserves 60,610,543 8,667,192 60,610,543
Accumulated other comprehensive income 6,547,327 936,255 12,294,900
Accumulated deficit (391,851,008) (56,033,949) (269,947,314)
Total Lixiang Education Holding Co., Ltd. shareholders’ equity 153,206,753 21,908,274 146,138,083
Non-controlling interests (640,953)
Total shareholders’ equity 153,206,753 21,908,274 145,497,130
Total liabilities and shareholders’ equity 316,920,340 45,319,005 470,617,330
Class A Ordinary Shares      
Shareholders’ equity:      
Ordinary shares, value 1,368,598 195,707 50,584
Class B Ordinary Shares      
Shareholders’ equity:      
Ordinary shares, value 30,508 4,363 30,508
Related Party      
Current assets:      
Amounts due from related parties 8,932,000 1,277,259 9,542,000
Current liabilities:      
Amounts due to a related party ¥ 1,621,303 $ 231,843 ¥ 1,817,485