The other assets consist of the following:


	As of March 31,
	2025			2026
	RMB			RMB
Prepayments, receivables and other current assets
Loan granted to third parties(1)		36,599			—
Receivables and contract assets of technology service		14,924			2,327
Receivables from third-party payment service providers(2)		7,811			6,377
Deposits		986			803
Employee loans and advances		548			515
Interest receivable		70			—
Receivables of financing facilitation service		32			17
Others		2,212			3,795
Less: Allowance for credit losses		(6,865	)		(5,304	)
Subtotal		56,317			8,530
Other prepaid expenses		1,586			1,671
VAT receivables		1,007			1,356
Prepaid promotion fees		298			45
Total Prepayments, receivables and other current assets		59,208			11,602

Other non-current assets
Long-term deposit		13,900			13,656
Less: Allowance for credit losses		(259	)		(259	)
Subtotal		13,641			13,397
Gold(3)		—			—
VAT receivables-non current		26,118			26,123
Total non-current assets		39,759			39,520

(1)

In July 2024, the Company entered into a loan agreement with a third party company to grant it a loan in the amount of USD5.0 million with an interest rate of 8% per annum. The maturity date falls on (i) the date of one year following the relevant loan date, and (ii) another one year term if the borrower determines to extend at its sole discretion. In July 2025, the loan has been fully received.

(2)

Receivables from third party payment service providers represent cash due from the Group’s third party on-line payment service providers in relation to their processing of payments for the Group.

(3)

During the year ended March 31, 2025, the Company sold all the physical gold to third party companies and recognized a gain from investments of RMB18,168 in the Consolidated Statement of Operations and Comprehensive (Loss)/Income.

The movement of allowance for credit losses is analyzed as follows:


	For the year ended March 31,
	2024			2025			2026
	RMB			RMB			RMB
Balance at beginning of year		(1,940	)		(2,424	)		(7,124	)
Cumulative effect of adoption of new accounting standard (Note 2(k))		(395	)		—			—
(Provisions)/Reversals		(2,482	)		(4,861	)		694
Deconsolidation of a subsidiary		—			—			851
Write-offs		2,393			161			16
Balance at end of year		(2,424	)		(7,124	)		(5,563	)