| OTHER ASSETS |
13. OTHER ASSETS
| | |
As of December 31, | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
RMB | | |
RMB | | |
USD | |
| Current | |
| | |
| | |
| |
| Receivable from on-line payment platforms | |
| 33,710,165 | | |
| 33,485,153 | | |
| 4,788,313 | |
| Interest receivable | |
| 1,413,179 | | |
| 846,599 | | |
| 121,062 | |
| Deposits | |
| 13,408,363 | | |
| 10,873,529 | | |
| 1,554,894 | |
| Advance to suppliers | |
| 14,671,464 | | |
| 13,345,047 | | |
| 1,908,316 | |
| VAT recoverable | |
| 16,958,328 | | |
| 16,667,517 | | |
| 2,383,423 | |
| Others | |
| 51,910,514 | | |
| 39,371,812 | | |
| 5,630,095 | |
| Less: impairment provision | |
| (17,173,423 | ) | |
| (22,032,257 | ) | |
| (3,150,571 | ) |
| Total | |
| 114,898,590 | | |
| 92,557,400 | | |
| 13,235,532 | |
| | |
| | | |
| | | |
| | |
| Non-current | |
| | | |
| | | |
| | |
| Rental deposit | |
| 51,522,452 | | |
| 49,800,242 | | |
| 7,121,340 | |
| Deposits and prepayments for purchase of buildings* | |
| 192,305,859 | | |
| 399,351,008 | | |
| 57,106,435 | |
| VAT recoverable | |
| 13,963,593 | | |
| 16,844,688 | | |
| 2,408,758 | |
| Others | |
| 37,059,802 | | |
| 23,869,974 | | |
| 3,413,361 | |
| Less: impairment provision | |
| (192,305,859 | ) | |
| (192,305,859 | ) | |
| (27,499,372 | ) |
| Total | |
| 102,545,847 | | |
| 297,560,053 | | |
| 42,550,522 | |
| * | For the year ended December 31, 2025, the Group paid RMB125 million as an intention deposit to acquire a building located in Yangpu District, Shanghai through a public auction, and Malaysian Ringgit (“MYR”) 44 million (equivalent to RMB75 million) to acquire a property in Malaysia, respectively (Note 23). |
|