v3.26.1
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
6 Months Ended 12 Months Ended 18 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2025
CNY (¥)
Sep. 30, 2024
CNY (¥)
Mar. 31, 2025
USD ($)
Mar. 31, 2025
CNY (¥)
Mar. 31, 2024
CNY (¥)
Sep. 30, 2025
USD ($)
Sep. 30, 2025
CNY (¥)
Cash flows from operating activities:                
Net loss $ 511,179 ¥ 3,639,083 ¥ (1,239,401) $ 1,030,317 ¥ 7,334,830 ¥ (11,565,768)    
Adjustments to reconcile net loss to net cash used in operating activities:                
Depreciation of property and equipment 21,620 153,914 132,329 36,031 256,508 146,013    
Amortization of right-of-use assets 195,576 1,392,307 723,929 249,924 1,779,212 872,173    
Loss on disposal of property and equipment   0 0 0 0 20,068    
Changes in operating assets and liabilities:                
Amount due from related parties 125,018 890,000 (386,177) (170,333) (1,212,601) (10,855)    
Inventories 78,917 561,809 (674,273) (30,607) (217,888) (336,922)    
Prepayments and other current assets, net (42,091) (299,641) (8,636,549) 1,039,598 7,400,901 (8,116,412)    
Lease liability (172,842) (1,230,464) (697,537) (242,654) (1,727,451) (268,232)    
Other non-current assets   0 0 12,787 91,034 27,500  
Accounts payable 258 1,838 150,000 823 5,856 0    
Advance from customers (260,110) (1,851,722) 23,024,961 (2,442,887) (17,390,910) 27,893,632    
Taxes payable 473,264 3,369,167 1,962,692 846,933 6,029,317 4,370,710    
Amounts due to related parties (1,625,411) (11,571,300) 38,902 131,449 935,787 1,806,729    
Accrued expenses and other current liabilities 391,702 2,788,524 401,314 463,986 3,303,117 1,720,468    
Net cash provided by operating activities (591,694) (4,212,269) 14,739,186 925,367 6,587,712 16,559,104    
Cash flows from investing activities:                
Purchase of property and equipment (129,068) (918,838) (166,670) (25,630) (182,460) (488,536)    
Purchase of short-term investment 2,247,506 16,000,000 (16,000,000) (2,247,507) (16,000,000) 0    
Cash collection from acquired subsidiary   0 0 235,173 1,674,198 0    
Net cash used in investing activities 2,118,438 15,081,162 (16,166,670) (2,037,964) (14,508,262) (488,536)    
Cash flows from financing activities:                
Proceeds from bank borrowings   0 0 0 0 5,000,000    
Repayment of bank borrowings 0 0 (3,000,000) (702,346) (5,000,000) (4,000,000)    
Capital injection 54,783 390,000 0 6,321 45,000 0    
Repayments for deferred IPO costs (295,620) (2,104,518) (1,187,524) (306,477) (2,181,808) (1,599,851)    
Net cash provided by financing activities (1,412,901) (10,058,444) (6,370,263) (1,002,502) (7,136,808) (599,851)    
Net increase/(decrease) in cash and cash equivalents 113,843 810,449 (7,797,747) (2,115,099) (15,057,358) 15,470,717    
Cash and cash equivalents, beginning of year 82,203 585,202 15,642,560 2,197,302 15,642,560 171,843 2,197,302 ¥ 15,642,560
Cash and cash equivalents, end of year 196,046 1,395,651 7,844,813 82,203 585,202 15,642,560 196,046 ¥ 1,395,651
Supplemental disclosure of cash flows information:                
Interest paid 0 0 108,377 16,107 114,665 571,858    
Supplemental disclosure of non-cash information:                
Right-of-use assets acquired under operating leases in exchange for operating liabilities 311,870 2,220,201 0 354,517 2,523,810 6,147,256    
Deferred tax assets (288,774) (2,055,784)          
Accounts receivable 0 0 (61,004)          
Other non current assets   0 0 (12,787) (91,034) (27,500)  
Proceeds from bank borrowings 0 (0) 3,000,000 $ 702,346 ¥ 5,000,000 ¥ 4,000,000    
Loan advances to third parties 2,723,626 (19,389,496) (5,356,555)          
Capital injection (2,723,626) 19,389,496 5,356,555          
Repayment of loan advances to third parties (2,088,636) 14,869,000          
Proceeds from bank borrowings 2,088,636 (14,869,000)          
Capital injection 294,190 2,094,339 5,322,877          
Repayment of third party borrowings 831,264 (5,917,769) (2,149,061)          
Proceeds from bank borrowings $ (831,264) ¥ 5,917,769 ¥ 2,149,061