v3.26.3
Net Revenues
 6 Months Ended
Jun. 30, 2026
Net Revenues [Abstract]  
NET REVENUES

16. NET REVENUES

 

The following table presents the Company’s revenues disaggregated by service lines for the six months ended June 30, 2025 and 2026:

 

    For the six months ended
June 30,		  
    2025     2026  
    RMB     RMB     US$  
Subscription revenue from users     28,523       19,023       2,804  
Licensing revenues from content aggregators and distributors     144,716       79,933       11,781  
Revenue from content sold to hardware manufacturers     14,251       20,688       3,049  
Revenue from sales of digital educational hardware devices     21,012       17,267       2,545  
Others             5,184       763  
      208,502       142,095       20,942  

 

The following table presents the movement of the Company’s contract liabilities for the six months ended June 30, 2025 and 2026:

 

    As of June 30,  
    2025     2026  
    RMB     RMB     US$  
Balance at the beginning of the year     26,346       21,824       3,216  
Cash payment received from the customers     40,716       19,148       2,822  
Revenue and value-added tax recognized     (47,767 )     (21,942 )     (3,234 )
Balance at the end of the year     19,295       19,030       2,805  

 

The amount of revenue recognized that was included in the contract liabilities at the beginning of the year were RMB45,063 and RMB8,791(US$1,296) for the six months ended June 30, 2025 and 2026, respectively.