v3.26.3
Commitments and contingencies
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments and contingencies
21. Commitments and contingencies

 

  (a) Commitments

 

Capital expenditure commitments

 

The Company has commitments for capital expenditures totaling $3,171,387 (RMB 21.6 million) as of June 30, 2026. These commitments are primarily related to the acquisition of office buildings.

 

The Company did not have any significant commitments, long-term obligations, or guarantees as of June 30, 2026 and December 31, 2025.

 

(b) Contingencies

 

The Company is subject to legal proceedings and regulatory actions in the ordinary course of business. The results of such proceedings cannot be predicted with certainty, but the Company does not anticipate that the final outcome arising out of any such matter will have a material adverse effect on our consolidated financial position, cash flows or results of operations on an individual basis or in the aggregate. As of June 30, 2026 and December 31, 2025, the Company is not a party to any material legal or administrative proceedings.