| Schedule of Prepayments and Other Current Assets |
Prepayments and other current assets consisted of the following: | | | As of December 31, | | | | | 2024 | | | 2025 | | | | | RMB | | | RMB | | | USD | | | | | | | | | | | | | | Receivable from online payment platforms | | | 12,215 | | | | 17,779 | | | | 2,542 | | | Receivables on behalf of merchants | | | 9,077 | | | | 7,296 | | | | 1,043 | | | Deferred IPO cost* | | | 10,751 | | | | — | | | | — | | | Staff advances | | | 1,962 | | | | 1,986 | | | | 284 | | | Contract acquisition costs | | | 6,172 | | | | 10,160 | | | | 1,453 | | | Deposit | | | 387 | | | | 1,625 | | | | 232 | | | Others | | | 9,273 | | | | 9,321 | | | | 1,334 | | | Less: allowance for credit losses | | | (9,797 | ) | | | (10,141 | ) | | | (1,450 | ) | | Prepayments and other current assets, net | | | 40,040 | | | | 38,026 | | | | 5,438 | | | * | Direct cost incurred by the Group attributable to its IPO of ordinary shares in the United States have been deferred and recorded as deferred IPO cost and will be offset against the gross proceeds received from such offering. On August 19, 2025, the Company completed its initial public offering (IPO) and was listed on Nasdaq. |
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| Schedule of Movement 0f the Allowance for Credit Losses Prepayments and Other Current Assets |
The movement of the allowance for credit losses is as follows: | | | As of December 31, | | | | | 2024 | | | 2025 | | | | | RMB | | | RMB | | | USD | | | | | | | | | | | | | | Balance at the beginning of the year | | | 9,621 | | | | 9,797 | | | | 1,401 | | | Additions | | | 176 | | | | 344 | | | | 49 | | | Total | | | 9,797 | | | | 10,141 | | | | 1,450 | |
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