| Long-term investments |
Note 8 — Long-term investments Long-term investments consist of the following: | | | December 31, | | | June 30, | | | June 30, | | | | | 2025 | | | 2026 | | | 2026 | | | | | RMB | | | RMB | | | USD | | | 19.0% Investment (1 company) | | | 991,490 | | | | 980,518 | | | | 143,963 | | | 10 % Investment (1 company) | | | 158,452 | | | | 158,452 | | | | 23,263 | | | 9.0 % Investment (2 company in the AR and virtual reality (“VR”) areas) | | | 8,689,076 | | | | 8,689,076 | | | | 1,275,760 | | | 5.0 % Investment (23 companies in the AR, VR and digital marketing areas) | | | 538,947 | | | | 538,947 | | | | 79,130 | | | 4.0 % Investment (13 companies in the AR, VR, 3D animation and software areas) | | | 268,387 | | | | 268,387 | | | | 39,406 | | | 3.5 % Investment (2 companies in the AR and VR areas) | | | 336,123 | | | | 336,123 | | | | 49,351 | | | 3.0 % Investment (5 companies in the AR, VR and 3D animation areas) | | | 43,487 | | | | 43,487 | | | | 6,385 | | | 2.0 % Investment (3 companies in the AR, VR, 3D animation and software areas) | | | 16,616 | | | | 16,616 | | | | 2,440 | | | 1.0 % Investment (12 companies in the AR, VR, 3D animation, hardware and software areas) | | | 178,011 | | | | 178,011 | | | | 26,136 | | | Total | | | 11,220,589 | | | | 11,209,617 | | | | 1,645,834 | | During the year/period ended December 31, 2025 and June 30, 2026 , the Company made no additions to long-term investments. For the period ended June 30, 2026, the amount of long-term investments decreased by RMB 10,972(USD 1,611).
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