v3.26.1
Prepayment and other current assets
6 Months Ended
Jun. 30, 2026
Prepayment And Other Current Assets  
Prepayment and other current assets

Note 6 — Prepayment and other current assets

 

Prepayment and other current assets consisted of the following:

 

                       
    December 31,
2025
    June 30,
2026
    June 30,
2026
 
    RMB     RMB     USD  
    (Audited)     (Unaudited)     (Unaudited)  
Prepayments     8,514,583       6,806,409       999,340  
Other receivables     1,503,790       1,763,742       258,959  
Less: impairment losses     (2,050,000 )     -       -  
Prepayment and other current assets     7,968,373       8,570,151       1,258,299  

 

During the six months ended June 30, 2026, the Company wrote off RMB 2,559,419 of prepayments and recognized impairment losses of RMB 509,419 based on management’s assessment of recoverability. The write-off primarily related to prepayments for which suppliers did not fulfill contractual obligations and did not relate to the prepayments of Shenzhen Yushian Technology Co., Ltd. transferred to another subsidiary for continued performance.