v3.26.1
Acquisition of Topone (Tables)
6 Months Ended
Mar. 31, 2026
Acquisition of Topone [Line Items]  
Schedule of Estimated Fair Values of the Identifiable Assets Acquired The following table summarizes the estimated fair values of the identifiable assets acquired at the acquisition date, which represents the net purchase price allocation at the date of the acquisition of Alpha Mind based on a valuation performed by an independent valuation firm engaged by the Company.
    December 28,  
    2023  
    RMB  
Net tangible assets (1)     15,436  
Goodwill     1,284,218  
Total purchase consideration     1,299,654  

 

(1) The following is a reconciliation of the fair value of major classes of assets acquired and liabilities assumed which comprised of net tangible assets on December 28, 2023. The Company did not identify intangible assets from the acquisition, because the Company was a shell company immediately before the acquisition. On December 31, 2024, the fair value of identifiable net assets approximated their carrying amount.
Acquisition of Topone [Member]  
Acquisition of Topone [Line Items]  
Schedule of Estimated Fair Values of the Identifiable Assets Acquired The following table summarizes the estimated fair values of the identifiable assets acquired at the acquisition date, which represents the net purchase price allocation at the date of the acquisition of Topone based on a valuation performed by an independent valuation firm engaged by the Company.
          March 24,  
          2025  
              RMB  
Net tangible assets     (1)       434  
Intangible assets     (2)       678  
Total assets             1,112  
Total purchase consideration             1,107  
Bargain gain on purchase             5  

 

(1) The following is a reconciliation of the fair value of major classes of assets acquired and liabilities assumed which comprised of net tangible assets on March 24, 2025.
(2) The Company identified intangible assets from the acquisition, thus the company recognized the intangible assets for RMB 678. The intangible assets primarily represent the insurance intermediary license held by Topone.
Schedule of Classes of Assets Acquired and Liabilities Assumed
    As of
March 24,
2025
 
    RMB  
ASSETS      
Cash, cash equivalents     477  
Total Assets     477  
Liabilities:        
Accrued expenses and other current liabilities     43  
Total liabilities     43  
Net tangible assets     434