v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Information [Abstract]  
SEGMENT INFORMATION

NOTE 13 — SEGMENT INFORMATION

 

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), or decision making group, in deciding how to allocate resources and in assessing performance. The Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries’ CODM is Mr. Hu, CEO.

 

The Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries’ organizational structure is based on a number of factors that the CODM uses to evaluate, view and run its business operations which include, but not limited to, customer base, homogeneity of service and technology. The Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries’ operating segments are based on such organizational structure and information reviewed by the CODM to evaluate the operating segment results. Based on management’s assessment, the Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries has determined that it has two operating segments: (i) educational content services and other services. (ii) IT related solution services.

 

The following table presents revenue by segments for the six months ended June 30, 2025 and 2026, respectively:

 

    For the Six Months Ended June 30, 2025  
    IT related
solution
services		     Educational
content
service and
other services		     Total  
    RMB     RMB     RMB  
Revenue     2,716,933       4,957,064       7,673,997  
Cost of revenue and related tax     (2,476,181 )     (3,675,973 )     (6,152,154 )
Gross profit     240,752       1,281,091       1,521,843  
Net loss     (1,839,227 )     (7,060,868 )     (8,900,095 )

 

    For the Six Months Ended June 30, 2026  
    IT related
solution
services		     Educational
content
service and
other services		     Total  
    RMB     RMB     RMB  
Revenue     5,022,869       5,702,452       10,725,321  
Cost of revenue and related tax     (6,423,019 )     (3,270,082 )     (9,693,101 )
Gross (loss) profit     (1,400,150 )     2,432,360       1,032,220  
Net loss     (9,284,794 )     (4,282,293 )     (13,567,087 )

 

    As of
December 31,
2025		     As of
June 30,
2026		  
    RMB     RMB  
Identifiable long-lived assets, net:            
IT related solution services     654,088       503,145  
Educational content service and other services     17,920,312       10,190,689  
Total     18,574,400       10,693,834  

 

Substantially the majority of the Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries’ revenues are derived from China based on the geographical locations where services are provided to customers. In addition, the Company, its wholly-owned subsidiaries, VIE and VIE’s subsidiaries’ long-lived assets are substantially all located in and derived from China, and the amount of long-lived assets attributable to any individual other country is not material. Therefore, no geographical segments are presented.