v3.26.1
Property And Equipment, Net
 12 Months Ended
Dec. 31, 2025
Property And Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET

5. PROPERTY AND EQUIPMENT, NET

 

Property, plant and equipment primarily consist of leasehold improvements and office equipment used in the Group’s operations.

 

Property and equipment consisted of the following:

 

    As of
December 31,		  
    2024     2025  
    RMB     RMB     USD  
                   
Electronic equipment     2,923       2,807       401  
Office furniture and others     579       673       96  
Leasehold improvements     4,413       5,067       725  
Property and equipment     7,915       8,547       1,222  
Accumulated depreciation     (6,855 )     (7,765 )     (1,110 )
Property and equipment, net     1,060       782       112  

 

Depreciation expenses on property and equipment were allocated to the following expense items:

 

    For the year ended
December 31,		  
    2024     2025  
    RMB     RMB     USD  
                   
Selling and marketing expenses     195       143       20  
Research and development expenses     186       31       4  
General and administrative expenses     1,073       920       132  
Total depreciation expenses     1,454       1,094       156  

 

The Group evaluates property, plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable.

 

During the year ended December 31, 2025, the Group identified impairment indicators due to operating losses and negative operating cash flows.

 

Based on the assessment performed, management concluded that the carrying amount of PPE is recoverable and no impairment loss was recognized.