v3.26.1
LEASES
 6 Months Ended
Mar. 31, 2026
Leases  
LEASES

 

12. LEASES

 

Operating leases of the Group mainly include leases of office space. The components of lease expenses were as follows:

 

   RMB   RMB   USD 
  

For the

Six Months ended

March 31, 2025

  

For the

Six Months ended

March 31, 2026

 
   RMB   RMB   USD 
Lease cost               
Operating lease cost   163,524    54,596    7,915 
Short term lease cost   -    -    - 
Total lease cost   163,524    54,596    7,915 

 

Operating lease cost was recognized as rental expenses in consolidated statements of operations on a straight-line basis over the lease term. For the six months ended March 31, 2025, and 2026, there is no variable lease cost and sublease income recognized in the consolidated financial statements of the Group.

 

Supplemental cash flows information related to leases was as follows:

 

   RMB   RMB   USD 
  

For the

Six Months ended

March 31, 2025

  

For the

Six Months ended

March 31, 2026

 
   RMB   RMB   USD 
Cash paid for amounts included in measurement of liabilities:            
Operating cash flows from operating leases   (95,003)   (49,166)   (7,128)
Right-of-use assets obtained in exchange for lease liabilities:               
Operating leases   -    -    - 

 

Supplemental balance sheet information related to leases was as follows:

 

   RMB   RMB   USD 
  

As of

September 30, 2025

  

As of

March 31, 2026

 
   RMB   RMB   USD 
Operating leases               
Operating lease right-of-use assets, net   280,398    229,471    33,266 
Total operating lease assets   280,398    229,471    33,266 
Operating lease liabilities, current   99,065    100,540    14,575 
Operating lease liabilities, non-current   164,896    114,254    16,563 
Total operating lease liabilities   263,961    214,794    31,138 

 

  

As of

March 31,2025

  

As of

March 31, 2026

 
Weighted average remaining lease term- operating lease   

0.25 years

    

2.25 years

 
Weighted average discount rate- operating lease   4.75%   3.00%

 

 

The following is a maturity analysis of the annual undiscounted cash flows for the annual periods ended March 31, 2026:

 

Years ending March 31,  RMB   USD 
2027   105,670    15,319 
2028   116,237    16,851 
2029   -    - 
2030   -    - 
2031 and thereafter   -    - 
Less: imputed interest   (7,113)   (1,032)
Total operating lease liabilities   214,794    31,138 
Less: current operating lease liabilities   100,540    14,575 
Non-current operating lease liabilities   114,254    16,563