v3.26.3
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables represent the fair value hierarchy of the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2025 and June 30, 2026:

  

    As of December 31, 2025  
    Fair Value Measurement at the Reporting Date using  
    Quoted
price in
active
markets
for identical
assets
Level 1
    Significant
other
observable
inputs
Level 2
    Significant
unobservable
inputs
Level 3
    Total  
    RMB     RMB     RMB     RMB  
Financial assets:                                                  
Investment in marketable equity security     8,561       -       -       8,561  

 

    As of June 30, 2026  
    Fair Value Measurement at the Reporting Date using  
    Quoted
price in
active
markets
for identical
assets
Level 1
    Significant
other
observable
inputs
Level 2
    Significant
unobservable
inputs
Level 3
    Total  
    RMB     RMB     RMB     RMB  
Financial assets:                        
Investment in marketable equity security     3,319             -                 -       3,319  
Schedule of Forth Types of Revenue for Periods

The following table sets forth types of our revenue for the periods indicated:

 

    For the six months ended June 30,  
    2025     2026     2026  
    RMB     RMB     US$  
Live streaming - consumable virtual items revenue     630,084       564,951       83,263  
Live streaming - time based virtual item revenue     9,258       6,092       898  
Technical services and others     17,025       17,024       2,509  
Total revenue     656,367       588,067       86,670  
Schedule of Sets Forth Revenue by Platforms The following table sets forth our revenue by platforms for the periods indicated:

 

    For the six months ended June 30,  
    2025     2026     2026  
    RMB     RMB     US$  
Showself     165,985       143,165       21,100  
Lehai     136,694       178,448       26,300  
Haixiu     117,037       91,173       13,437  
Beelive     118,955       98,688       14,545  
Hongle     100,671       59,569       8,779  
Technical services and others     17,025       17,024       2,509  
TOTAL     656,367       588,067       86,670