| Schedule of Condensed Balance Sheets |
Condensed balance sheets
| | |
December 31,
2024 | | |
December 31,
2025 | |
| | |
RMB | | |
RMB | |
| Assets | |
| | |
| |
| | |
| | |
| |
| Cash and cash equivalents | |
| 5,011,068 | | |
| 2,494,328 | |
| investment securities | |
| - | | |
| - | |
| Investments in subsidiaries | |
| 3,865,503,139 | | |
| 3,403,654,519 | |
| Other assets | |
| 203,820,467 | | |
| 174,931,486 | |
| | |
| | | |
| | |
| Total assets | |
| 4,074,334,674 | | |
| 3,581,080,333 | |
| | |
| | | |
| | |
| Liabilities and shareholders’ equity | |
| | | |
| | |
| | |
| | | |
| | |
| Accrued employee benefits | |
| 437,958 | | |
| 437,958 | |
| Other operating liabilities | |
| 16,338,215 | | |
| - | |
| | |
| | | |
| | |
| Total liabilities | |
| 16,776,173 | | |
| 437,958 | |
| | |
| | | |
| | |
| Ordinary shares (USD0.0001 par value; 3,800,000,000 shares authorized; 1,559,576,960 shares issued and 1,371,643,240 shares outstanding as of December 31, 2024) | |
| 916,743 | | |
| - | |
| Class A Ordinary shares (USD0.0001 par value; 18,000,000,000 shares authorized; 1,559,576,960 shares issued and 1,371,643,240 shares outstanding as of December 31, 2025) | |
| - | | |
| 916,743 | |
| Class B Ordinary shares (USD0.0001 par value; 2,000,000,000 shares authorized; nil shares issued and outstanding as of December 31, 2025) | |
| - | | |
| - | |
| Treasury stock | |
| (122,897,896 | ) | |
| (124,680,070 | ) |
| Additional paid-in capital | |
| 727,042,734 | | |
| 728,824,908 | |
| Retained earnings | |
| 3,461,317,652 | | |
| 2,989,141,436 | |
| Accumulated other comprehensive losses | |
| (8,820,732 | ) | |
| (13,560,642 | ) |
| | |
| | | |
| | |
| Total shareholders’ equity | |
| 4,057,558,501 | | |
| 3,580,642,375 | |
| | |
| | | |
| | |
| Total liabilities and shareholders’ equity | |
| 4,074,334,674 | | |
| 3,581,080,333 | |
|
| Schedule of Condensed Statements of Comprehensive Income |
Condensed statements of
comprehensive income
| | |
Year ended December 31 | |
| | |
2024 | | |
2025 | |
| | |
RMB | | |
RMB | |
| Interest and fees income | |
| | |
| |
| Interest income on debt securities | |
| - | | |
| - | |
| Interest on deposits with banks | |
| - | | |
| - | |
| | |
| | | |
| | |
| Total interest and fees income | |
| - | | |
| - | |
| | |
| | | |
| | |
| Equity in earnings of subsidiaries | |
| 51,677,272 | | |
| (454,966,227 | ) |
| Equity in earnings of subsidiaries | |
| 51,677,272 | | |
| (454,966,227 | ) |
| | |
| | | |
| | |
| Realized gains/(losses) on sales of investments, net | |
| (5,305,137 | ) | |
| (8,540,181 | ) |
| Other (losses)/gains, net | |
| (479 | ) | |
| (2,387 | ) |
| | |
| | | |
| | |
| Total non-interest income/(loss) | |
| (5,305,616 | ) | |
| (8,542,568 | ) |
| | |
| | | |
| | |
| Operating expenses | |
| | | |
| | |
| Employee compensation and benefits | |
| (880,653 | ) | |
| (868,542 | ) |
| Other expenses | |
| (7,706,556 | ) | |
| (6,016,705 | ) |
| | |
| | | |
| | |
| Total operating expenses | |
| (8,587,209 | ) | |
| (6,885,247 | ) |
| | |
| | | |
| | |
| Income/(loss) before income tax expense | |
| 37,784,446 | | |
| (470,394,042 | ) |
| | |
| | | |
| | |
| Net income/(loss) | |
| 37,784,446 | | |
| (470,394,042 | ) |
| | |
| | | |
| | |
| Other comprehensive income | |
| | | |
| | |
| Foreign currency translation adjustment | |
| 524,149 | | |
| (4,739,910 | ) |
| | |
| | | |
| | |
| Comprehensive income/ (loss) | |
| 38,308,595 | | |
| (475,133,952 | ) |
|
| Schedule of Condensed Statements of Cash Flows |
Condensed statements of
cash flows
| |
|
Year ended December 31 |
|
| |
|
2024 |
|
|
2025 |
|
| |
|
RMB |
|
|
RMB |
|
| Cash flows from operating activities: |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Net income/(loss) |
|
|
37,784,446 |
|
|
|
(470,394,042 |
) |
| Other operating assets |
|
|
(50,089,318 |
) |
|
|
488,955,427 |
|
| Other operating liabilities |
|
|
3,864,473 |
|
|
|
(16,338,215 |
) |
| |
|
|
|
|
|
|
|
|
| Net cash (used in)/provided by operating activities |
|
|
(8,440,399 |
) |
|
|
2,223,170 |
|
| |
|
|
|
|
|
|
|
|
| Net (decrease)/ increase in cash and cash equivalents |
|
|
(8,440,399 |
) |
|
|
2,223,170 |
|
| Cash and cash equivalents at the beginning of year |
|
|
12,927,318 |
|
|
|
5,011,068 |
|
| Effect of exchange rate change on cash and cash equivalents |
|
|
524,149 |
|
|
|
(4,739,910 |
) |
| |
|
|
|
|
|
|
|
|
| Cash and cash equivalents at the end of year |
|
|
5,011,068 |
|
|
|
2,494,328 |
|
|