v3.26.1
Accounts Receivable, Net
 12 Months Ended
Dec. 31, 2025
Accounts Receivable, Net [Abstract]  
ACCOUNTS RECEIVABLE, NET

4. ACCOUNTS RECEIVABLE, NET

 

Accounts receivable consisted of the following:

 

   As of 
   December 31,   December 31, 
   2024   2025 
   RMB   RMB   US$ 
Accounts receivable   57,799,537    89,837,659    12,781,365 
Allowance for credit losses related to accounts receivable   (19,102,954)   (22,371,073)   (3,182,773)
Total accounts receivable, net   38,696,583    67,466,586    9,598,592 

 

The movement of allowance of credit losses is as follows:

 

   As of 
   December 31,   December 31, 
   2024   2025 
   RMB   RMB   US$ 
Beginning balance   10,196,104    19,102,954    2,717,812 
Addition   13,678,040    3,446,953    490,404 
Reversal   (4,764,444)   
-
    
-
 
Write off   (6,746)   (178,834)   (25,443)
Ending balance   19,102,954    22,371,073    3,182,773 

 

The Group recorded credit losses of RMB9,417,342, RMB8,913,596 and RMB3,446,953 (US$490,404) for the years ended December 31, 2023, 2024 and 2025, respectively. The Group had written off RMB406,566, RMB6,746 and RMB178,834 (US$25,443) in credit losses for the years ended December 31, 2023, 2024 and 2025, respectively.