v3.26.1
Concentration
 12 Months Ended
Dec. 31, 2025
Concentration [Abstract]  
CONCENTRATION

21. CONCENTRATION

 

The following table sets forth information as to each customer that accounted for 10% or more of total accounts receivable as of December 31, 2024 and 2025.

 

   As of
December 31, 2024		   As of
December 31, 2025		 
Customer  Amount   % of
Total		   Amount   % of
Total		   Amount 
   RMB   %   RMB   %   US$ 
A   7,668,440    19.7%   
*
    
*
    
*
 

 

* Represented the percentage below 10%

 

The following table sets forth information as to each customer that accounted for 10% or more of total revenue for the years ended December 31, 2023, 2024 and 2025.

 

   For the year ended
December 31, 2023		   For the year ended
December 31, 2024		   For the year ended
December 31, 2025		 
Customer  Amount   % of
Total		   Amount   % of
Total		   Amount   % of
Total		   Amount 
   RMB       RMB       RMB       US$ 
B   61,254,669    12.3%   71,512,406    12.7%   65,790,189    11.0%   9,360,088 
C   60,840,708    12.2%   *    *    *    *    * 

 

* Represented the percentage below 10%

 

The following table sets forth information as to each supplier that accounted for 10% or more of total accounts payable as of December 31, 2024 and 2025.

 

   As of   As of 
   December 31, 2024   December 31, 2025 
Supplier  Amount   % of
Total		   Amount   % of
Total		   Amount 
   RMB       RMB   %   US$ 
Cargo Link Logistics HK Company Limited   *    *    7,111,019    18.2%   1,011,697 
Hongkong Boyatong Supply Chain Management   16,125,748    36.1%   *    *    * 

 

* Represented the percentage below 10%

 

The following table sets forth information as to each supplier that accounted for 10% or more of total purchase for the years ended December 31, 2023, 2024 and 2025.

 

   For the year ended
December 31, 2023		   For the year ended
December 31, 2024		   For the year ended
December 31, 2025		 
Supplier  Amount   % of
Total		   Amount   % of
Total		   Amount   % of
Total		   Amount 
   RMB       RMB       RMB   %   US$ 
Hongkong Boyatong Supply Chain Management   *    *    142,838,247    24.8%   176,400,632    30.4%   25,096,835 
Cargo Link Logistics HK Company Limited   62,063,334    12.1%   *     *      60,497,759    10.4%   8,607,125 
B   60,165,266    11.7%   *     *      *    *    * 
C   56,607,369    11%   *     *      *    *    * 

 

* Represented the percentage below 10%