v3.26.3
Short-Term Investments
 6 Months Ended
Jun. 30, 2026
Short-Term Investments [Abstract]  
Short-term investments
3. Short-term investments

 

Short-term investments include the following:

 

    As of
December 31,
2025		     As of
June 30,
2026		  
          (Unaudited)  
    RMB     RMB  
Investment in equity securities with readily determinable fair value     22,339,045       3,587,063  
Investment in warrants     3,875,947       131,498  
Short-term investments     26,214,992       3,718,561  

 

During the six months ended June 30, 2025 and 2026, nil and RMB655,775 unrealized loss from investment in equity securities were included in other expenses, respectively.

 

During the six months ended June 30, 2025 and 2026, nil and RMB3,668,085 unrealized loss from investment in warrants were included in other expenses, respectively.