| SCHEDULE OF SHORT-TERM BORROWINGS |
Short-term
bank loans consisted of the following:
SCHEDULE OF SHORT-TERM BORROWINGS
| | |
As
of December 31, | | |
As
of June 30, | |
| | |
2025 | | |
2026 | |
| | |
RMB | | |
RMB | |
| | |
| | |
(unaudited) | |
| Agricultural Bank
of China (1) | |
| - | | |
| 40,000 | |
| Bank of China (2) | |
| 30,000 | | |
| 10,000 | |
| Industrial
and Commercial Bank of China (3) | |
| 10,000 | | |
| - | |
| Total | |
| 40,000 | | |
| 50,000 | |
| Short term
borrowings | |
| 40,000 | | |
| 50,000 | |
| (1) | On
January 1, 2026, the Group entered into a loan agreement with Agricultural Bank of China
to borrow RMB20.0 million as working capital for one year, with a maturity date of December
31, 2026. The loan has a fixed interest rate of 2.25% per annum. On April 28, 2026, the Group
entered into a loan agreement with Agricultural Bank of China to borrow RMB20.0 million as
working capital for one year, with a maturity date of April 27, 2027. The loan has a fixed
interest rate of 2.31% per annum. |
| | | |
| (2) | On
January 8, 2025, the Group entered into a loan agreement with Bank of China to borrow RMB30.0
million as working capital for one year. The loan was withdrawn on January 15, 2025 and as
a maturity date in January 15, 2026. The loan has a fixed interest rate of 2.85% per annum.
The loan was fully repaid upon maturity. |
On
January 21, 2026, the Group entered into a loan agreement with Bank of China to borrow RMB10.0 million as working capital for one year,
with a maturity date of January 21, 2027. The loan has a fixed interest rate of 2.30% per annum.
| (3) | On
March 25, 2025, the Group entered into a loan agreement with Industrial and Commercial Bank
to borrow RMB10.0 million as working capital for one year, with a maturity date of March
26, 2026. These loans have a fixed interest rate of 2.75% per annum. The loan was fully repaid
upon maturity. |
|
| SCHEDULE OF LONG-TERM BORROWINGS |
SCHEDULE
OF LONG-TERM BORROWINGS
| | |
As
of December 31, | | |
As
of June 30, | |
| | |
2025 | | |
2026 | |
| | |
RMB | | |
RMB | |
| | |
| | |
(unaudited) | |
| Agricultural
Bank of China | |
| 76,727 | | |
| 64,146 | |
| Total | |
| 76,727 | | |
| 64,146 | |
| | |
| | | |
| | |
| Less: long-term borrowing-current portion | |
| (25,061 | ) | |
| (24,959 | ) |
| | |
| | | |
| | |
| Long-term borrowing | |
| 51,666 | | |
| 39,187 | |
|
| SCHEDULE OF FUTURE MATURITIES OF LONG-TERM BORROWINGS |
The
future maturities of long-term borrowings as of June 30, 2026 were as follows:
SCHEDULE OF FUTURE MATURITIES OF LONG-TERM BORROWINGS
| | |
RMB | |
| Remaining in fiscal year 2026 | |
| 12,480 | |
| 2027 | |
| 24,959 | |
| 2028 | |
| 24,959 | |
| 2029 | |
| 1,180 | |
| 2030 | |
| 568 | |
| Total
long-term borrowings | |
| 64,146 | |
|