| Schedule of Other Receivables |
Other receivables consisted of the following: | | | As of
December 31,
2025 | | | As of
June 30,
2026 | | | As of
June 30,
2026 | | | | | RMB | | | RMB | | | US$ | | | Other deposits* | | | 57,693,075 | | | | — | | | | — | | | Other current assets** | | | 3,560,759 | | | | 2,536,786 | | | | 373,876 | | | Advance to employees*** | | | 1,303,893 | | | | 1,306,943 | | | | 192,620 | | | Deposits | | | 1,300,673 | | | | 1,357,176 | | | | 200,023 | | | Prepaid expenses | | | 1,308,166 | | | | 1,209,180 | | | | 178,211 | | | Others | | | 622,002 | | | | 656,227 | | | | 96,716 | | | Subtotal | | | 65,788,568 | | | | 7,066,312 | | | | 1,041,446 | | | Allowance for expected credit losses | | | (2,270,607 | ) | | | (2,264,607 | ) | | | (333,762 | ) | | Total | | | 63,517,961 | | | | 4,801,705 | | | | 707,684 | | | * | Other deposits represent pre-paid amounts for public relation and marketing advisory agreements, which are refundable due to their cancellation or termination. | | ** | Other current assets represent the balance of input of value added tax (“VAT”) which will be deductible from output VAT incurred in the next twelve months. | | *** | Advance to employees represent cash paid in advance to employees for the business expenses that are anticipated to be incurred by the employee on behalf of the Group and loan to employees that borrowers will repay over time. |
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| Schedule of Allowance for Expected Credit Losses Against Other Receivables |
The following table presents movement of allowance for expected credit losses against other receivables: | | | For the Six Months Ended June 30, | | | | | 2025 | | | 2026 | | | 2026 | | | | | RMB | | | RMB | | | US$ | | | Balance at the beginning of the period | | | 2,677,828 | | | | 2,270,607 | | | | 334,646 | | | Accrual | | | 2,220 | | | | 45,000 | | | | 6,632 | | | Reversal | | | (601,758 | ) | | | (51,000 | ) | | | (7,516 | ) | | Balance at the end of the period | | | 2,078,290 | | | | 2,264,607 | | | | 333,762 | |
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