| Other expenses |
| |
|
Year ended December 31 |
|
| |
|
2023 |
|
|
2024 |
|
|
2025 |
|
| |
|
RMB |
|
|
RMB |
|
|
RMB |
|
| Advertising and promotion expenses |
|
|
49,828,134 |
|
|
|
13,653,838 |
|
|
|
58,303 |
|
| Consulting fees |
|
|
17,480,308 |
|
|
|
12,058,142 |
|
|
|
3,780,760 |
|
| Entertainment and travelling expenses |
|
|
15,252,790 |
|
|
|
14,811,438 |
|
|
|
5,320,381 |
|
| Office and commute expenses |
|
|
10,792,783 |
|
|
|
10,117,559 |
|
|
|
1,909,400 |
|
| Post-loan management expenses |
|
|
10,481,523 |
|
|
|
99,368,411 |
|
|
|
28,081,272 |
|
| Directors and officers liability insurance |
|
|
3,613,489 |
|
|
|
919,443 |
|
|
|
4,132,204 |
|
| Communication expenses |
|
|
2,826,369 |
|
|
|
2,784,808 |
|
|
|
2,054,855 |
|
| Research and development expenses |
|
|
1,791,754 |
|
|
|
1,010,223 |
|
|
|
3,790,202 |
|
| Depreciation and amortization |
|
|
1,753,032 |
|
|
|
11,540,878 |
|
|
|
15,978,766 |
|
| Litigation and attorney fees |
|
|
1,714,117 |
|
|
|
18,877,828 |
|
|
|
607,877 |
|
| Others |
|
|
5,986,473 |
|
|
|
2,180,166 |
|
|
|
1,408,162 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
121,520,772 |
|
|
|
187,322,734 |
|
|
|
67,122,182 |
|
|