10. BORROWINGS | | | As of
December 31, | | | As of
June 30, | | | | | 2025 | | | 2026 | | | | | RMB | | | RMB | | | USD | | | CURRENT | | | | | | | | | | | Bank borrowings – unsecured | | | 124,580 | | | | 138,248 | | | | 20,298 | | | Long-term borrowing – secured, current portion | | | 1,474 | | | | - | | | | - | | | Subtotal | | | 126,054 | | | | 138,248 | | | | 20,298 | | | | | | | | | | | | | | | | | NON-CURRENT | | | | | | | | | | | | | | Long-term borrowing – secured | | | - | | | | 3,738 | | | | 549 | | | Subtotal | | | - | | | | 3,738 | | | | 549 | | | | | | | | | | | | | | | | | Total | | | 126,054 | | | | 141,986 | | | | 20,847 | | Effective interest rate range of bank borrowings was 2.50% to 3.75% as of June 30, 2026.
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