v3.26.1
Accounts receivable and allowance for credit losses
 6 Months Ended
Jun. 30, 2026
Credit Loss [Abstract]  
Accounts receivable and allowance for credit losses

Note 5 — Accounts receivable and allowance for credit losses

 

Accounts receivable, net consisted of the following:

 

                       
    December 31,
2025		     June 30,
2026		     June 30,
2026		  
    RMB     RMB     USD  
          (Unaudited)     (Unaudited)  
Accounts receivable     43,587,890       25,399,545       3,729,249  
Less: allowance for credit losses     -       -       -  
Accounts receivable, net     43,587,890       25,399,545       3,729,249  

 

The following table summarizes the changes in allowance for credit losses:

 

                       
    December 31,
2025		     June 30,
2026		     June 30,
2026		  
    RMB     RMB     USD  
          (Unaudited)     (Unaudited)  
Beginning balance     -       -       -  
Addition     -       75,000       11,012  
Recovery     -       75,000       11,012  
Ending balance     -       -       -  

 

Allowance for credit losses for the year ended December 31, 2025 and the six months ended June 30, 2026 amounted to nil and nil, respectively.