v3.26.3
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Taxes [Abstract]  
Schedule of Income Tax Expenses

The income tax expenses comprise:

 

    For the six months ended June 30,  
    2025     2026     2026  
    RMB     RMB     US$  
Current income tax expense     3,439       495       73  
Deferred income tax expense (benefit)     (831 )     8       1  
Income tax expenses     2,608       503       74  
Schedule of Reconciliation of Differences Between the Statutory Tax Rate and the Effective Tax Rate

A reconciliation of the differences between the statutory tax rate and the effective tax rate for CIT for the six months ended June 30, 2025 and 2026 is as follows:

 

    For the six months ended June 30,  
    2025     2026  
Income tax computed at PRC statutory tax rate     25.0 %     25.0 %
Effect of tax-preferential entities     50.6 %     (5.9 )%
Non-deductible expenses and others     (54.5 )%     (16.5 )%
Income tax expense     21.1 %     2.6 %
Schedule of Components of Deferred Taxes

The components of deferred taxes are as follows:

 

    As of December 31,     As of
June 30,
 
    2025     2026     2026  
    RMB     RMB     US$  
Deferred tax assets:                  
Allowance for credit losses     33,941       33,875       4,993  
Net operating losses carried forward     3,347       3,382       498  
Total deferred tax assets     37,288       37,257       5,491