The investments as of February 28, 2025 and 2026 were as follows:


	As of
	February 28, 2025		February 28, 2026
	RMB		RMB		USD
Equity investments without readily determinable fair values:
- Nanjing Chengwei Venture Capital Partnership (Limited Partnership) (“Chengwei”)(1)		36,000		45,000		6,562
Total		36,000		45,000		6,562

(1) In December 2021, February 2022, August 2022, May 2023 and April 2025, the Group paid considerations of RMB4,500, RMB9,000, RMB13,500, RMB9,000 and RMB9,000 to purchase equity interest of Chengwei, and the equity interest held by the Group as of February 28, 2026 was 4.01%. The Group accounted the investment in Chengwei under equity investments without readily determinable fair values method as the Group had no significant influence over the investee and Chengwei had no readily

determinable fair value. The Group recorded investment income from Chengwei of nil, nil and RMB1,224 for the years ended February 29, 2024, February 28, 2025 and 2026, respectively.