v3.26.3
Intangible Asset, Net
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Net [Abstract]  
Intangible asset, net

10. Intangible assets, net

 

Intangible assets, net consist of the following:

 

    As of
December 31,
2025		     As of
June 30,
2026		  
          (Unaudited)  
    RMB     RMB  
Land use right     49,292,208       49,292,208  
Franchise right     334,865       334,865  
Less: Accumulated amortization     (3,867,473 )     (4,360,395 )
Intangible assets, net     45,759,600       45,266,678  

 

Amortization expense for the six months ended June 30, 2025 and 2026 amounted to RMB492,922 and RMB492,922, respectively.

 

As of December 31, 2025 and June 30, 2026, land use right with net book value of RMB45,759,600 and RMB45,266,678 was pledged as collateral under a loan arrangement, respectively (also see Note 13).

 

As of June 30, 2026, the future estimated amortization expenses are as below.

 

Years ended December 31,   Estimated
amortization
expense		  
    (Unaudited)  
    RMB  
Remaining of 2026     492,922  
2027     985,844  
2028     985,844  
2029     985,844  
2030     985,844  
Thereafter     40,830,380  
Total     45,266,678