v3.26.1
Long-term investments
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Long-term investments

Note 7 — Long-term investments

 

Long-term investments consist of the following:

 

                       
    December 31,
2025
    June 30,
2026
    June 30,
2026
 
    RMB     RMB     USD  
          (Unaudited)     (Unaudited)  
5.0% Investment in a company in mobile games industry     600,000       600,000       88,094  
5.0% Investment in a company in central processing advertising algorithm services     600,000       600,000       88,094  
Subtotal     1,200,000       1,200,000       176,188  
Less: Impairment loss     1,103,089       1,103,089       161,959  
Total     96,911       96,911       14,229  

 

During the year ended December 31, 2025 and the six months ended June 30, 2026, the Company’s long-term investments amounted to RMB 96,911 and RMB 96,911 (USD 14,229), respectively. The Company made impairment allowance of equity method investments with the amount of RMB 534,181 (USD 78,430) for the company in mobile games industry and RMB 568,908 (USD 83,529) for the company in central processing.